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Bank of America Corporation Message Board

scooter_in_fl 4 posts  |  Last Activity: Aug 11, 2015 6:30 PM Member since: Mar 24, 2005
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  • Reply to

    Almost back to fair value

    by scooter_in_fl Aug 11, 2015 1:33 PM
    scooter_in_fl scooter_in_fl Aug 11, 2015 6:30 PM Flag

    2008 is not going to happen again. We are moving forward. DOLLAR COST AVERAGING is your friend. Do not buy on Margin and you can take great comfort in the dividend. anything over 4% is frosting. Cheers

  • Reply to

    Almost back to fair value

    by scooter_in_fl Aug 11, 2015 1:33 PM
    scooter_in_fl scooter_in_fl Aug 11, 2015 3:28 PM Flag

    Just like a family that buys a new car 3 weeks before a tax return... They are having a short term cash flow problem. But let the stock drop as it needs to. I would not dream of buying this stock over $10 but at least it is moving in the right direction to get toward fair value. That is my only point. I have made a lot of money with this company. The price point is finally getting back to where it can be traded...

  • Reply to

    Almost back to fair value

    by scooter_in_fl Aug 11, 2015 1:33 PM
    scooter_in_fl scooter_in_fl Aug 11, 2015 2:05 PM Flag

    I know some of you are upset because you purchased this stock at a much higher level. We have all been there. Dollar cost averaging is your friend. The dividend is safe and this is a good company. Buy a lot more as the price approaches $9 even and you will feel much better.

  • scooter_in_fl by scooter_in_fl Aug 11, 2015 1:33 PM Flag

    We are finally getting back to fair value. This stock needs to trade at a price point where the dividend pays 4% it is really simple. Not until then can we see real price stabilization. Then we can start buying in seriousness again. So good to see things working out...

    Sentiment: Strong Sell

BAC
16.36-0.08(-0.49%)Aug 28 4:02 PMEDT