I have to make one more formal plea to take our profits on BAC as it for some odd reason is trading up to 11.80 right now, despite this report from WSJ saying they'll need to raise $35B.
http://online.wsj.com/article/SB124158058615290821.html#mod=testMod
the stock traded down 10% after hours based on this report but has since shot up 7%. We can now for sure cash in some profits. Every single report says they'll owe money - so it's up to you guys, do you believe Ken Lewis, or the WSJ and every other major reporting agency?
I wouldn't be doing my job as prez if I didn't bring this to the table, again.
1 comment:
So are we on for the 20th? We know a five-way in-person is most efficient. No alternatives? What about a weeknight? Does Monday night, July 6th work for anyone?
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