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Strategies & Market Trends : Value Investing

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To: Paul Lee who wrote (44694)10/1/2011 12:16:14 AM
From: NikhilJog  Read Replies (1) of 78673
 
leee! u are hitting the nail on its head! BAC is doing well and making money in 5 of the 6 divisions..

If they file chap 11 for Countrywide or do a prepackaged, then its possible their equity will trade much higher.

I think where the issue might be is - will they legally be off the hook even after filing for chap 11? if they are, then its a great investment today...
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