Long time lurker here...anyways first post.. Bought BAC at 7 even today. This is a long term trade and i'm planning to hold 2-3 years. Just a half lot for now..If it goes lower I'll scale in some more.. Can't see this one going bankrupt with Buffett so heavily invested plus last time they were in distress Mr. Fed bailed them out rather nicely. Imagine if Bank of AMERICA goes bankrupt...yeah right. Even if it goes lower short term this sell off is unwarranted imo...
Long time lurker here...anyways first post.. Bought BAC at 7 even today. This is a long term trade and i'm planning to hold 2-3 years. Just a half lot for now..If it goes lower I'll scale in some more.. Can't see this one going bankrupt with Buffett so heavily invested plus last time they were in distress Mr. Fed bailed them out rather nicely. Imagine if Bank of AMERICA goes bankrupt...yeah right. Even if it goes lower short term this sell off is unwarranted imo...
Best of luck with BAC. I gave up on that one. Any chance you would sign in here? I got some extra Karma if you do.
Long time lurker here...anyways first post.. Bought BAC at 7 even today. This is a long term trade and i'm planning to hold 2-3 years. Just a half lot for now..If it goes lower I'll scale in some more.. Can't see this one going bankrupt with Buffett so heavily invested plus last time they were in distress Mr. Fed bailed them out rather nicely. Imagine if Bank of AMERICA goes bankrupt...yeah right. Even if it goes lower short term this sell off is unwarranted imo...
i will buy this baby at around 2$ and i promise you i will hold 5 years at that price and I'll scale in some more at 0.90cent US will meltdown ,,its end of world year 2012sooooon the war will start
i know your loss more than 30% you bought BAC around 9.94
If you read some of my other posts, I've also been shorting banks as well. Your $1/share are ridiculous statements, please think abou what you're saying.
If you read some of my other posts, I've also been shorting banks as well. Your $1/share are ridiculous statements, please think abou what you're saying.
Heyyyy Citigroup actual price now is 2.6$ and its better than BAC ,,,,why BAC not go to 2$ its fake paper bank ,and the profit they made in first quarter also fake . try to think