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I would not rush in to buy BAC (plus the whole finance section, real-estate section is pulling back) in now season; it up 6 months from worst 2.53$, 6 times, back 2 or 3 times may possible;

samqyang (Kingkong)
Plus, it's CEO ken lewis forced to leave implicates that the share-holders are not happy at least now (though Ken Lewis will be on the news 3 years from now consider as the greatest merger in history, unfortunately, not so many people agree with that now)

anyway, point is, the current balance-sheet may still make the funders/holders angry with the move Ken did to merge Country-Wide, Merrill Lyntch into BAC; otherwise, why they force him go;

at any perspective, like my so many other post insisted, in stock market, not that you only can earn money by holding something, at today's market situation, do nothing and patiently watch is the best move;

just my own 2 cents; YMYD;
(#108634@43)
2009-10-1 -04:00
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