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vitaminc » Comments » BAC

  • Time to Short Financial Stocks - Starting with BofA [View article]
    BAC is a bad short because of the dividend factor as stated above.

    Unless you have convictions that BAC's dividend would be cut - which I don't believe it will be true. BAC is a commercial bank and their debt security values on the books does not have to be marked to market every quarter (compare to investment/mega banks that do). Correct me if I am wrong though.
    Mar 03 16:22 pm |Rating: 0 0 |Link to Comment
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