Eight Reasons Bank of America Is Going to $20 [View article]
To all those hating on short sellers: Don't blame the shorts because you were dumb enough to go long! You bought a bad stock and an even worse company, do not blame those who were smart enough to short it. The shorts did not write any mortgages or force BAC to buy two bad companies in CFC and MER.
I am convinced that if BofA walked away from this deal, the stock would go up 30%. I think many people are either selling long positions or shorting the stock because they think CFC has a lot more "financial asbestos" than BofA realizes. I happen to think that this CFC acquisition was a terrible idea and I have no idea why Ken Lewis is sticking with it except for the fact that it may be hard to just walkaway legally at this point.
Eight Reasons Bank of America Is Going to $20 [View article]
Cramer's Lightning Round - Who Needs Citi? (10/28/08) [View article]
The Bank of America Bug [View article]