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re: Is BOA a $70 stock?

Posted on 4/9/14 at 9:54 am to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/9/14 at 9:54 am to
quote:

How long do you think the average american investor holds a single stock certificate nowadays before turning it over?
I have no idea either and your question is irrelevant as it applies to me.

BAC's revised capital plan was accepted by the Fed a couple of weeks ago and it included a dividend increase. When the BAC board announces the increase, we'll see a small pop in its price then. That will probably happen before mid-year.

Last month Warren Buffett said he's still pleased with Berkshire's $5 billion investment in BAC. I've heard he's pretty good at analyzing financial statements.....
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/14 at 10:00 am to
Good for your investment, Russian. Here is a handclap. Pause for clapping.







Thank You.
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