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re: Is BOA a $70 stock?

Posted on 4/9/14 at 6:13 am to
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/9/14 at 6:13 am to
quote:

I hate to be the one to burst your bubble pal. Many small fortunes have been made by ordinary people who just bought a big blue chip stock and held it for 20 or 30 years without ever analyzing an earnings report.


Yeah, the days of hiding railroad bonds in your mattress are over. Good luck holding onto a $70 BOA stock portfolio for 20 years and hoping it splits 4 times or quads in value
This post was edited on 4/9/14 at 6:14 am
Posted by jlu03
San Diego
Member since Jul 2012
3324 posts
Posted on 4/9/14 at 7:19 am to
I believe BAC is currently priced under it's book value which is around $20. Wish I would have kept my shares when I purchased at $6. Still made good money off this stock and see growth in the upcoming years. BUY!!
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 4/9/14 at 8:04 am to
This is one of the more pathetic arguments I've seen on the money talk board
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