Eight Reasons Bank of America Is Going to $20 [View article]
Jason, what you are proposing is, at best, a high risk gamble. That's fine; but call it what it is.
Neither you nor anybody on this board has ANY way of knowing what BAC's exposure is relative to its toxic assets and derivative risk. Unless and until you know what that risk is (so you can price it in), any valuation you place on the stock is just a guess.
Eight Reasons Bank of America Is Going to $20 [View article]
Neither you nor anybody on this board has ANY way of knowing what BAC's exposure is relative to its toxic assets and derivative risk. Unless and until you know what that risk is (so you can price it in), any valuation you place on the stock is just a guess.
Options Trader: Thursday Outlook [View article]