Bank of America Corp (BAC)

[stocksnoway]

From Moynihan on the call

So the highlights are there. We earned >>>>>$3.4 billion<<<<< after tax in the quarter, which is up both on a linked quarter and year-over-year basis.

LOL

Man you would have thought just that statement alone would have lit a fire under the shares of BAC. How many company's can say that and have their PPS still trade almost 7 $ under book. NOT VERY MANY!

This trades as it lost 3.4 billion. Something is way out of wack here.

So next big deal is middle of May when out shareholder vote to break up this BAD BAD BAD BANK I doubt it will happen but they got their wishes.
Next chance for the PPS to rise a little. I am sure some BAD BAD BANK person will chit all over that one to.

So hard to stay long here so hard!