Stock, if I'm not mistaken, you said to get long BAC in the mid to high 20's. Another one of your brilliant recomendations!
Tah Dah! I think that this is a big part of the problem with a lot of these big companies that are now failing now. Someplace along the way they came to the conclussion that they are the best thing in town, that their shit dont stink and they put their pants on different then everyone else does. Ipso facto they can treat the customer like shit and get away with it. They are all finding out that is not the case. Love your customers and they will love you back. Piss on them and they will piss on you back as soon as they get the chance.
you can't piss on them even if they piss on you they will take away your money no matter what if you don't hand it to them nicely and quietly, they will take it by force did you approve of any of the bills recently passed to save the banks? are you happy with saving the banks at the expense of living through inflation?
http://finance.yahoo.com/tech-ticke...ecret-Backroom-Bailout?tickers=bac,^dji,^gspc BAC had its own secret bailout... God I "luv" this country...
BAC to report earnings early. It's already up 4% in AH. Even if earnings are horrible it will still most likely rally.