Wait for July 18 at 6:45 am BAC will report 2 quarter earnings
Consensus: $0.35 Earning whisper $0.38 to $0.41
Revenue: $21.05 Bil Revenue whisper $21.4 $21.7 Bil.
BAC right now is been manipulated for the short to cover their position.
within 2 weeks BAC - back to a minimum $16 per share.
At $6 per share you get to own
Mopar service and parts chain
(Magneti Marelli, Automotive Lighting) manufacturers
ARE YOU KIDDING ME!!!! LOL
Good for you. FCAU was downgraded by City two weeks ago so the trading desk can cover the huge short position. Sales are great; earnings are good FCAU has $123.65B yearly revenue with a forward P/E 3.5 FCAU is way undervalued compared to GM and Ford.
5 analyst recommends a buy, 2 to a hold a one a sell… the Estimate Consensus for this second Q is $0.41 per share with Revenue of $29.27B it’s so obvious the way the stock is manipulated.
Bank of America looks to be priced very attractively. On traditional fundamental metrics, it's trading at around nine times forward earnings and with a reasonable Price/Earnings to Growth ratio of around 1.3 . Must important, it's trading below full book value of $23.00 and its tangible book value ($16.17) as of the end of the first quarter. Most banks typically trade closer to 2-to-3 times their tangible book value to be deemed "fairly valued."