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  • Eight Reasons Bank of America Is Going to $20 [View article]
    Good try son, is this your grand pump and dump moment, or are you just hoping to crap-shoot something into $10 booklet sales? Why on earth would someone buy the top of BAC option volatility if it is so certain to go to $20? Sorry to say i've heard the type of song you are pitching for decades.

    Your mindset is of sentiment play, and given that BAC's assets at BV vs. what they are probably worth, basically makes it obama's call. MBS purchases are coinciding with this silly stress test nonsense for obvious reasons, mainly to determine what price will clear the market without killing all the equity in any given bank. Its going to be one or the other unless they just decide to pay par for everything. The will have to take someone with them, and maybe citi is the only one.

    But you're eluding to something that no one knows, though i'm just speculating you're looking for dumb money bait.
    Feb 27 18:55 pm |Rating: +1 -2
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