BAX high 125.35 vs 15.56
C 180.03 vs 49.65
JPM 32.42 vs 61.33
MS 22 vs 31.55
WFC 31.875 vs 51.48
You can see BAC decreased 87.6%, C deceased 73.5%, JPM increased 89.2%, MS increased 43.4%, WFC increased 61.5%
The number indicated BAC is the worst performer from Feb 97 to todate.
Yahoo News: two upgrades can not lift up Citi shares. Well, I followed up BAC upgrades, it had five to six upgrades recently, its shares still sit on 15 range. So, maybe these analyses had no ideas where the stock heading to either.
last wednesday, BAC closed at $16.33, BAC was keeping climbing the next morning until FED made announcement about the interest rate, BAC sank 47 cents to close @$15.86, sank another 30 cents to $15.56 the next business day. Yesterday after market, theis FED chairwoman's speech indicated at least by December the interest rate will raise. To me she probably saw the market reaction was so ugly and so many so called experts came out to critique the indecision, so she changed her view on interest rate that her speech was quite firmed at yesterday's speech. Let's see how strong the reaction market will have today and next week.
The board did not respect the shareholders' vote to separate the role of chairman and CEO, the board should be dismantled too.
$21 a piece for sale for $15+, that's around 25% discount, is not it a good deal? some would say that's a falling knife, do not catch it; other would frame you as a NEW bagholders. So when is the time to buy?