Discussion in 'Stocks' started by ksonsinc, Mar 20, 2012.

  1. BAC = Secondry offering
    This afternnon bac and other financials sold off cause there was a rumour that bank of america might offer a second offering to raise cash
    If u had bac would u hold or sell . ?
  2. magicz


    cnbc rumor I love them. I have BAC in my portfolio the run up almost killed my calendar spread I didnt wanted the run up too fast and the rumor stopped it perfectly I almost had to buy some closer month calls to offset the premium on the april calls I sold on thursday against my august calls. Turns out it was only bond offer no dilution. someone fed maria some bad info to stop the momentum to keep it below 10.