Id rather not add to the ridiculous rhetoric that is placed here everyday day. So I would like to add some words of wisdom, or at least hope too.
Lets take a look at BAC, as of right now they are trading at $12.4079, FACEBOOK is trading at $27.01. We all know that BAC went nearly under, however they are back and getting stronger than ever. The reason why I am comparing FB to BAC is that BAC has more assets than any of us could ever count. FB has people computers and maybe a couple office buildings. So why in the world should we expect an institution as great as BAC to be less than some social networking WEBSITE.
All im saying is, expect BAC to continue to rise, be an intelligent investor.
Hold and buy as long as its under $20 you have only room to gain.
Wow you obviously don't have a basic understanding of finance. Fb has 2.3 billion shares outstanding, as BACK has almost 11 billion shares outstanding. So less shares means worth more for each share. Pmease don't try to sound smart because that comments comparing back to fb in any way is stupid. I'm not saying back ain't go up but your argument is sad at best. Please buy a basics to finance book or take a class look on amazon and read a book.