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re: Is BOA a $70 stock?
Posted on 4/9/14 at 9:41 am to Brotorious
Posted on 4/9/14 at 9:41 am to Brotorious
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"
Full disclosure: I own shares in BAC.
Full disclosure: I own shares in BAC.
Posted on 4/9/14 at 9:46 am to LSURussian
quote:
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"
How long do you think the average american investor holds a single stock certificate nowadays before turning it over? I have no idea but I'd bet my savings it's less than one year.
Posted on 4/9/14 at 10:09 am to LSURussian
quote:
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"
Eh, that's a silly game to play. You could literally do that for hundreds of stocks (going either direction), and it's just hindsight bias.
Let me put it otherwise. If I go to my deathbed with my #1 regret being having missed a runup in Bank of America stock in the mid-2010s, I will consider that a successful life.
Posted on 4/9/14 at 10:27 am to LSURussian
quote:
I think there will be some people kicking themselves two or three years from now saying "Why didn't I buy BAC when it was $16.40/share two or three years ago?!?"
I'm still bruised from kicking myself for not buying it when it was $6 two years ago. I don't know if I can handle any more....
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