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Non-Tech : Bank of America
BAC 53.56-0.6%Dec 9 4:00 PM EST

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To: Qualified Opinion who wrote (1316)10/26/2009 12:46:16 PM
From: Keith Feral  Read Replies (1) of 4366
 
Yeah, let's not discuss BAC trading at the lowest valuation since Jul. Grabbing some more shares today in the low 15's. Leaving some cash if it pulls back any closer to tangible book value.

Last time the stock was here, the price targets were $15, now they are all in the low $20's. At some point, an announcement about TARP will be a huge catalyst for the shares. Better to buy on the cheap.
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