If a republican in the White House is the fix, explain what happened to share price during last 8 year republican White House
three weeks or so he made the post "only an investment moron would not be in the stock". Today he posts BAC would be a great stock after and if a republican wins next election. MY POINT....which is it?
I can't wait to read how he loses the case mainly due to his 3 year posting history on this board
A value investor who hangs out on message board all day. Sure. Sounds to me like mr value is in the red on his investment . Only two charts I see green are one day and. 2 years. ( but don't go looking back in 2 year past )
One day in the future they could maybe show investors that they can earn an honest dollar. Sure can't see that looking in past
BAC not up on Thursday either when Dow UP well over 200. It looks like the market thinks it is properly priced 2.00 below 2014 year end price and 1.00 below a year ago....something to think about.
bac now has until June 2016 to buy back 4 billion in shares. They told you in march 2014 they would buy back 4 billion in shares and now IF they get approval they have until June 2016 to do it.
conditional approval. Will the conditions be met in 2 weeks? If they start buy backs in 2 weeks but wait to submit at end of Sept and fail what would happen? they have until june 2016 to complete 4 billion in buy back. didn't they tell you in march 2014 that they would do 4 billion buy back. now they have until june 2016 to do it l
From the Charlotte Observer:
In a share repurchase, such as the one approved Wednesday, the bank doesn’t buy back shares directly from individual shareholders. Instead, it repurchases shares from institutional and other large investors through stock exchanges.
Bank of America is announcing plans to buy back $4 billion in stock after getting conditional approval from the Federal Reserve.
The buyback will be done through June 2016, the bank said Wednesday.
Bank of America's buyback plan comes with conditions, however. In the results from the Fed's annual "stress tests," the Fed said BofA had "deficiencies in its capital planning process" and asked the bank to resubmit its plans by September 30. If BofA's resubmitted plans do not meet the approval of Fed regulators, the central bank could put a stop to BofA's buyback and dividend.
"We are committed to meeting the requirements in the time frame the Fed has established," BofA CEO Brian Moynihan said in a statement.
I may go back through you messages today to see how many times you called people morons. YOU ARE THE HANDS DOWN WINNER MORON OF THE DAY.
Bank of America, the second-largest U.S. bank, has until Sept. 30 to submit a revised capital plan. If the new plan is acceptable to the Fed, the bank will be able to pay higher dividends to investors or buy back shares. If not, it will be barred from doing so but will be able to maintain its dividend at current levels.
They have until sept 30th to submit. The submittal must be approved and THEN they can do the buy back. They can not submit until the 3rd qtr with a dealine of sept 30.
the point is clear. YOU asked what would happen if they doubled the daily volume. I pointed out that yet again today you spout off as if you know everything, clearly you do not.
the danger shorts are in?
a year ago BAC at 17.00, as you pointed out the stock at 18.19 at close of 2014. BAC just short changed the share holder AGAIN. But you bac_trader are here to warn of the danger to shorts. HAHAHAHA