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Non-Tech : Bank of America
BAC 52.87-0.3%Oct 28 4:00 PM EDT
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From: Qualified Opinion6/28/2017 6:58:20 PM
   of 4366
 
Maybe CCAR in 2018 would increase the cash dividend enough to justify a stock price around $ 30 per share. This is what happens when a liberal CEO gives in to a liberal government and reportedly pays out around $60 billion in fines on alleged actions committed by mostly Countrywide Financial prior to being acquired by BAC. BAC received the penalties with no rewards. It was bad enough to absorb the credit losses of Conntrywide Financial. This bank destroyed shareholders value and deserves to sell at a discount.
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