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1 pt

Opinion on  Bank of America Corp (BAC)     Sector: Financial  >  Industry: Money Center Banks
Positioned nicely

Sep 26, 2008 05:48 PM UTC
Me_on_rock
Return Risk
-53.34% HIGH
Analyst

As like my JPM pick. Strongest will survive and BAC is in the same boat. Now the largest bank in America. Though I thought their investment in Countrywide was a mistake I think over the long term even that investment will turn positive. Considering the Govt help with allowing BAC to either dump the sour debt or insure against it's further decline. BAC is positioned well for the future.

BAC:  This call was made on 09/26/08 @ $35.55
Rating:   Positive   $35.55 (09/26/08)
Gain/Loss:   -63.23% in 67 days
Target:   $45.00 (+26.58%) in > one year


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