ot; Is B of A worth a buy now

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  • shady610
    SBR MVP
    • 01-12-06
    • 1570

    #1
    ot; Is B of A worth a buy now
    THey just reported that they have repayed the 46 billion they had borrowed in the bail out. With that overhead cost out of the way, would now be a time to buy some shares in the company?
  • tblues2005
    SBR Hall of Famer
    • 07-30-06
    • 9235

    #2
    I had a friend that bought them when they first got the buyout and he got all his money back from losing last year. I am glad he did it.
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    • buztah
      SBR Hall of Famer
      • 03-23-07
      • 7470

      #3
      Chart looks very weak and indicates a drop to 12.50 in the coming months. Be careful. Do a lot of research and go with your final analysis.

      Disclosure: I am short the financials. Major financial stocks all broke downward from their March uptrend a couple months ago.
      Comment
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