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Garthilk
What happened with $
BAC
today? It's counterpart $
C
surged while $
BAC
turned tail and ran, why?
Mar 8, 7:33 PM
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Ocean Man
:
I think the last set of stress tests had C failing while the others passed. Market may have priced in a repeat yesterday, then C passed.
Mar 8, 8:37 PM
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Speedy12
:
Next catalyst is the 2nd part of the stress test this coming Thursday. Let's see BAC announce dividend increase and share buyback.
Mar 10, 5:52 PM
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budapestjs
:
Agreed Speedy, both are coming. Just a buyback or no change could've been announced Friday along with Citi.
Mar 10, 6:06 PM
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Garthilk
:
Still, given that C went up, you'd think BAC would have gone up too. Looking at the volume though, and options, something funny is going on.
Mar 11, 12:54 AM
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budapestjs
:
Loving the huge buyback for BAC, probably the smartest move since their shares are still so far under book.
Mar 14, 8:17 PM
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