I actually can't see were this company is worth more then $10/share. That would be a premium of 25 to 35% over current price of the stock. Also, I can't see this company being worth more then $70 Mil. That is based on the number of shares outstanding, approx 7 mil.
Do think the cash in price of the stock could actually be as high as blackgeorge1813 mentioned in his message $16 to $20/share?????
Barring the current Brexit market environmen, this stotck hasn't gone anywhere since your "Break Out" scenario a few weeks ago. I put in a sell order for all my shares At $8/ share, right after you made that statement and still have that order open. It's difficult anyway to trade more then 100 shares of this stock, at "all or none".
I bet "Moyni" loves this enviroment, he doesn't have to worry about stock going up and stock holder pressure. He can now blame it on Brexit !!!! and I thought BAC had the least exposure to Europe and Britain, of all the major banks !!! yet it,s stock seems to be hit the hardest !!!
How about in the 16's to 17 ???. which I did !!!!Probably wont see this for a long time.!!!!
He is just another follower of Gruenwald. They were both at Tellabs when it went down the tubes!!!
Who says the economy is bad ???? The Repulicans???? Have you seen the lines trying to to get into Movie Theaters and Restaurants, car sales, Vacationers, purchases from Amazon resulting in record sales for them, unemployment down to 4.7%. So where is the bad economy ???