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BAC - Bank of America - Page 257

post #5121 of 6779
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
post #5122 of 6779


Or to use it as a trading vehicle
 

Quote:
Originally Posted by ze20001984 View Post

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


 

post #5123 of 6779

have faith...have faith...

American where are your back bones?

 

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

post #5124 of 6779

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

post #5125 of 6779

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.

 

 

post #5126 of 6779

ok..please ban this guy...

post #5127 of 6779

bac 30k

job cuts...

 

 

post #5128 of 6779

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

post #5129 of 6779
The econmy is better than 09

We wont hit those levels

N we are close to buy territory

Once the appls etc stop hoarding cash

The economy hits another level

Grecce = wild card

As long as they shut up all will b good
post #5130 of 6779

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

post #5131 of 6779

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 View Post

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



 

post #5132 of 6779

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.

 

post #5133 of 6779
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
post #5134 of 6779

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 View Post

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
 


 

post #5135 of 6779

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

post #5136 of 6779

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 View Post

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



 

post #5137 of 6779

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

post #5138 of 6779

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

 

 

post #5139 of 6779

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

post #5140 of 6779

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

 

 

another BIG drop..id be buying bac

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