BAC - Bank of America - Page 257

Or to use it as a trading vehicle
 

Quote:

Originally Posted by ze20001984 

But again its having a hard time breaking any level here

Very hard to say

Sideljnes are ptobably the area to be in/another company

have faith...have faith...

American where are your back bones?

Don't let the short sellers bring the iconic bank down

Whole world are shorting the American banks.

Standup...standup...kill the shortist.

They are churing bad news to short... the banking stocks.

Kill the shortist

why are the American analyst helping America by churing truck load of  bad news on the American banks for the world world to short? It is very hilarious.

ok..please ban this guy...

bac 30k

job cuts...

Good news for shareholders bad news for the economy... There goes more jobs :( any intake on this matter?

are you guys thinking this is a good price to buy bank of america ($7.05)??

In my opinion, financials haven't hit a rock bottom quite yet. Still "talk" of recession, might be a good option to hold out for a few more weeks. I'm holding out until BAC hits $6/share, and plan to hold until $10, hopefully within 18 months. 

Quote:

Originally Posted by kframpton010 

are you guys thinking this is a good price to buy bank of america ($7.05)??

Kfram,

Just because a few people think you should buy doesn't mean you should. Do some research and use your own educated guess. No offense but, sounds like your not confident rolling your own dice.

What are some Canadian banks you've been looking at? I've been following IRE to some degree as an American bank alternative, however they seem to be equally if not more volatile. 

Quote:

Originally Posted by ze20001984 

I would NOT buy
6$ is still my price target..there is a good chance it wont get there

Not worth the risk

The canadian banks are better n trading at 1/2 pricr

Every single canadian bank killed earnings

BAC-dont buy
 

ire?!! are you on crack?!! that thing is dead

the best: CM, TD, BMO, BNS

worst: RY

im not being biased at all...bc i have RY...lol

Actually yes, I am on crack. 

On a real note, I was introduced to it after my buddy had made like a 30% gain in one day. That was when it surged to ~1.50, clearly it has since corrected, not sure if he sold out at 1.5 or if he still has his shares. I haven't seriously considered investing, it has just been on my radar. I'm a newer trader.

However, I do appreciate your input. I will keep an eye on those companies. Good luck with your RY haha. 
 

Quote:

Originally Posted by ze20001984 

ire?!! are you on crack?!! that thing is dead

 

the best: CM, TD, BMO, BNS

worst: RY

 

im not being biased at all...bc i have RY...lol

thanks..lol

those stocks move big...but its not worth the risk

if i had 500k to burn....id buy greek banks and close my eyes...but i wouldny even risk 10k in the euro banks....

if u HAVE to buy a bank it should be canadian

jus my iinput

when bac is at 6 - 7 eveyone telling one another not to buy.

stay away....

once bac hit $50...

I have no idea why even analyst , everyone start to influence one another to buy.

Every strange indeed.

Is this the way all people behave ?

When it is at low price...stay away, avoid..Stocks ran up and at high price they start to buy

its the heard mentaility...ride the momentum...copy the big boys

its holding very well..the 7s....

another BIG drop..id be buying bac