Huge Stock Pick For Tomorrow - Don't Miss this.
IMGG
Biotech company about to get FDA approval. They came out with positive news regarding their trails.
It would be good entry point for BAC around 12-13 bucks as this go lower because of the dilution.
They have to sell about 1 billion share at current price, man this will go back to single digit if that is the case. I would watch till next week before getting in on this one.
Wow!! not a good news for Indian Dhoti CEO, CitiGroup. He kicked out Sally Krowcheck and now she is the head of the BAC unit Merill Lynch. Since there is no TARP fund, she will get all the wealthy client. Poor Dhoti (C) is still $ 4.
Dude,
It ain't about Dhoti or khaire. C represents US/global economy and can single handedly take down global economy if it's taken out of life support. Pandit is a rich guy, he ain't need not stay in C to make money. BTW wealth by means of education, he is a Columbia graduate. Personally, I think Pandit is doing a grt job as liason and on handling Prince's dump. This rally we are seing in is a good sign that worse is behind. Amen!!!!!
Happy trading....
"Sandler O'Neill analyst Jeff Harte said the threat of dilution to common shareholders from a capital raise tied to the repayment of TARP would be "outweighed" by the "opportunity to reduce preferred dividends."
O WOW. BAC is going wild. If you got in the morning you already have a profit of more than 50 cents per share. I did not have enough cash to buy the shares, so I bought 5 contracts for Dec $17 Strike call options.
But beware, this might come down the way it went up. So sell at the right time or your will be left holding the bag.
GLTA.
Volume is topping that of C.
What matters most is, assuming you bought BAC today, can you sell 'em at a profit tomorrow ?
Good luck anyways.
Sure why not. I might actually sell them today.
|
ow!! not a good news for Indian Dhoti CEO, CitiGroup . He kicked out Sally Krowcheck and now she is the head of the BAC unit Merill Lynch. Since there is no TARP fund, she will get all the wealthy client. Poor Dhoti (C) is still $ 4. |
"Sexy in Sari", How can you be so dumb to post a comment like this????
Pat,
Haha, pretty amateurish call there. BAC gained 10c today and look at after hours, it is down more than what it closed yesterday!
The volume is drying up on stocks and most hedge fund managers are not participating in this light-volume rally. We might see light volume float the market up until the holidays are over. January will be the key! Be careful until then.
FF
Well, if you look at the day's high, it was $16.74. I bought at 16.20 and sold at 16.64. I warned people in the earlier post that you have to sell at the right time or you will be holding the bag. Greed is bad. You have to get out when you make a decent profit. 44 cents per share in 2 hours is not bad at all. I hope people were able to get out in time.
Tonight BAC is offering new shares. It all depends how much they offer it for.
Guys, Which securities u hold or what are your positions?
Please log in to reply to this post
You can also log in using your Facebook