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Bank of America Corporation Message Board

  • dell_stk dell_stk May 7, 2013 3:37 PM Flag

    Around July 2009 to July 2010 BAC traded between $15 to $18.50 when DOW was between 9000 to 10000.

    Now BAC is in much better shape and also the economy is in a great shape. IMO, we should be easily surpassing the range $15-$18.50, which we already saw three years back. Now DOW is 15000+. However, you slice it or dice it BAC is all set to trade beyond $18 in the short term and LT even more than $20, probably in next 1-2 years we should be seeing BAC in 20s.

    Sentiment: Strong Buy

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    • Except that they and their crooks-in-shackles Citigroup seem as keen as always to keep the off-balance-sheet monster from making an appearance.

      Only the insiders are allowed to know how ugly it is. (And these are mostly BAC AND SEC insiders) That's why you'll be forced to take it at 12 and change while they take a time out to plot the next way to screw everyone.

      Apparently, they're not fooling the really smart money. (And that vodka vampire Whitney hasn't exactly been smart money since she last got lucky in 2007.)

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