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re: Cash out on BAC?

Posted on 3/7/13 at 9:41 pm to
Posted by slackster
Houston
Member since Mar 2009
85150 posts
Posted on 3/7/13 at 9:41 pm to
quote:

I heard Warren Buffet is all over BAC too.


Young Warren Buffet was a magician. Old Warren Buffet gets sweetheart deals of which you and I could only dream.

I'm not knocking Buffet, but he really can't make a bad bet now. Wherever he goes, people follow, and profits for him are not far behind. It has become a self fulfilling prophecy.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 3/8/13 at 1:30 am to
OP, if you feel hesitant, I suggest you sell 1/2 of shares.

Disclosure: I bought at 25 or higher, watched it drop to 3. I expect it to get back to at least 20.

Put the money on Regions (RF) which is finally looking good !
This post was edited on 3/8/13 at 1:33 am
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