This company is another example of a stock selling at a bargain price. Several companies are buying back shares which will save money because they don't pay dividends on the stock and helps increase the income per outstanding shares. DD.
Around 81% of this stock is owned by Institutional, Mutual Fund and insiders. The retail ownership which you are a part of is in the miniority. The stock is selling at a discount and should go higher in 2016 because of professional management now and elimination of some of the risky properties the direction will be positive. Would not surprise me to see an increase in dividend and a possible monthly payment of dividends instead of quarterly. If you can't take the heat in the market put your money in a 10 year gov't bond or a bank CD. This stock seems to be for the strong handed investors not ones with weak hands. Good luck. DD
Would not surprise me. The investment analysts are keeping eyes and ears open. Option buys maybe the way to invest in BAC as rates rise. More leverage with buying options vs. buying the stock. With options you can control many more shares. DD. make sure you know all the risks and rewards when investing.