Monday, March 16, 2009

Swing And A High Fly Ball To Left Field! If It's Fair, It's Gone....

BAC was drowning before being dragged ashore and rescued (please note that the :55-:58 mark is dedicated Cheech).

I close my eyes and see a tanned, almost Latin-looking Mikey Veech performing CPR on a bank that was left for dead, but seems to be brought back to life with CPR. Are the non-believers ready to come to the bright side or is the verdict still out?

2 comments:

Jimmy C said...

Can you fit any more metaphors in your post to make your proposal even more vague?

I'm going to go out on a limb and assume the "bright side" means to buy more shares of BAC. Correct?

In lue of the recent developments, my position is keep our money where it is - in the MM. I don't think BAC is worth pumping any more of our hard earned money into.

Ken Lewis can kiss my white a$$.

Patrick Flynn said...

I think BAC is a good buy, but I have a feeling it's going to drop down again to revisit its previous lows so we should wait to scoop it up when it drops back down again to the 3-$4 range.