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re: Is BOA a $70 stock?
Posted on 4/8/14 at 9:56 pm to Brotorious
Posted on 4/8/14 at 9:56 pm to Brotorious
I think 40 or 50 is more reasonable over the next 5 or 10 years. I am short BAC via put options currently but will turn around and make a long-term position if it pulls back to 15 like I think it will. Good luck.
Posted on 4/8/14 at 10:10 pm to BlackCloud
It occurred to me the OP might have been talking about Bank of America but since it's trading at roughly 16 and not 70 I didn't think that was what he meant.
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