$12 by OCT 15. The US economy is tanking, govt is about to default and the banks are going to shedding 50% in 2014..this is a fact, sell today or at $8, makes no difference to me
expect a retest of $13.67 if it fails, BAC will see $12's quickly. There is going to be NO agreement on Budget anytime soon and the US is going to have it's credit ratings slashed.
Lots of short covering above 13.98 ????
My guess is some good news is on the horizon. BAC up a penny and the other money center banks are down.
Lots of pre-market demand at the 13.71 level.
I say we close at 14.02.