BAC, long term position

anybody think it's prudent to build an investment position for 3-5 years in BAC?

I still can't believe how much they paid for Merrill Lynch though.

 

i have heard that same question a thousand times before with BSC, LEH, C, AIG, FNM, FRE, etc ...

i rest my case ...

 

Bac is insane. They buy Countywide and then Mer. Someone yelled fire in a burning building, and they ate the fire...

 

is the dividend safe with the new government money they're going to get? wishful thinking

 

HA! free ride is over common shareholders. Welcome to the Obama era.

 

BAC and C are options now, nothing more. That $9 you're paying for BAC or $4.50 for C is just option premium.

 

I agree to ralph
If you thinking for 3 to 5 year just built it up
No one can tell when they will make a up move and when they do we might be too late : (