The current business plan is:
Use proceeds to buy stock; give stock to management; have management sell stock; repeat
For shareholders ACAS would be much better if they issued a dividend. The way they're going, they're essentially giving the company to management.
Downgrades all over the place and due to investments book value has been dropping.
Agree. Got my limit order in...actually a little higher than 15.00
While I own BAC, I stay away from this message board. Look at it. No analysis of BAC. Just political ranters. Go away. I have my thoughts about politics, but this should be a financial analysis area, not political analysis. Go away, most of you.