nkp007 Posted May 18, 2012 Posted May 18, 2012 JPM traded down to $28 last year despite there being no rumors about it needing to raise capital. BAC traded down to $5 last year in the face of noisy capital concerns. Without those concerns, maybe it would have hit $7 and no further down? BAC at $7 now without capital concerns. JPM needs to go down another 20% to hit it's 2011 Euro-crisis low. This is why I think BAC's volume has come down lately. I backed up the truck, filled up the cargo bay, and now am filing up the passenger and driver compartment. If this keeps up, I'm going to have to start storing stuff on the roof. Wish I had two trucks.
Hoodlum Posted May 18, 2012 Posted May 18, 2012 I bought more BAC today and it is my main holding. Cash is down to 75% now.
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