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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (201118)5/7/2009 9:12:14 PM
From: Think4YourselfRead Replies (2) of 306849
 
BAC isn't going to sell $1.25 billion worth of common stock. They are selling 1.25 billion more SHARES.

I wonder how today's buyers of their common shares feel right now. The new shares are going to be sold directly into the market over the next few months, which means upside is nil.
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