You are a brainless animal if you think that market and BAC go up every day. Asian market started green and now most in red. The same will be repeated for us market. If you smart enough then you sell early instead of watching BAC to go down minute by minute.
I am really hoping it goes down to 11 tomorrow. I sold at 12.40 and was hoping for a retrace into the 11's so I could get back in. Never saw 13 coming with this one. Sometimes you win, sometimes you lose. Everyone knows it will retrace and I will be back in somewhere in the 12's. So please everyone here dump your shares for me!
Sentiment: Strong Sell
Define numerous.....AIG...really....court would be hilarious on that one....dummy against dummy....not happening and worst case settled for peanuts....FHFA....yeah right...BAC does the right thing with Fannie and Freddie and the government keeps coming (well I guess that's what they do)....in this case it is for $1bn which obviously is nothing and would be settled for pennies even if it got that far...amazing how good news with the MBIA settlement sets off more suits but nothing compared to the big ones and the press swarms around it like pirana's....and then the message board morons who are all retired or #$%$ or 13 years old start posting #$%$....you are not going to kill this company and oh by the way the stock is going to continue to go higher...longs that trusted Moynihan will be rewarded...