YES, the formal approval !
I like BAC because it is so cheap, even has a'little divi for comfort, I like that also.
This will go over 16 today, or early am tomorrow. Great stock and even better price, Merrill alone could fetch 20$plus if split off, I think.
I've bought and sold Bac numerous times since 2009, all at a profit; those were the days my friend. So, well, that's exactly why I back today, nice bet for me!
Check vol. please, looks very nicely higher, I'll take that 16 plus bet today !
Vol. will close above average also for certain, which gives higher probability for higher prices.
Both oil's(COP EOG FANG) and metals(GG SLW AU) back up after suffering tough early rounds!
This a 10 rounder and we're in the 4th round ?
Check this out for yourself, but in my opinion BP has fewer options to sell these assets than many think.
Some tie directly to EPD(Jt.Ventures), some connect with earlier sale to MMP(Cushing/Storage) !
Bingo, I say ! MMP will not overpay, will EPD, I hope not as BP options are limited.
Further, penalty phase is near for PBplc; parent BP has referenced potential of bankruptcy for US plc, unless corp. bails them out, if fine is 20Bil. mol
They have to sell, just like in 2010 when they had to sell. Results could offer extreme upside for MMP and EPD.
This is a great time to own MMP and EPD and few others referenced in BP press releases.
Sentiment: Strong Buy
I own both MMP and EPD and am pleased.
MMP has been very good to me, as for EPD it is solid and has the export aspect; I wouldn't sell either of them. In fact there both buys at these prices imp