take a look at the volume compared to the last few days
15 YEAR END
they are pros with no emotional baggage so they waited to drop below 12 and initiated the buy program its tough to watch price drop but on the other hand the buy back is a building block for bac and good for shareholder equity
Trust YOUR eyes.
Sell off, not buy back, when the price goes down on large volume.
sell and sell short
if your bac looking to start a buy back would you buy during a run up or a sell off ? Please its simple common
This wouldn't surprise me.
The more shares they buy the better for longs...........makes sense