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Re: HMONNY post# 19210

Monday, 09/12/2016 10:14:15 AM

Monday, September 12, 2016 10:14:15 AM

Post# of 22503
Close,..we have it pegged at 23.62, however, constantly changing as toxic assets are removed. Very few remain anyway, and most all have been or will be a write-off deduction.Yes, we should see a bit of a spike to a "channel top" now controlled by HFT trading. Another issue is "will the Fed actually raise rates"? Probably by the end of this year, but this Fed is a very inept panel. Yellin is not the econ person She should be. VERY political per Obuma appointment.
Our very in depth studies indicate that BAC would benefit itself and shareholders as a smaller entity, with perhaps 3 spin offs NOT controlled by Dodd- Frank over regulation. BAC cannot buy back shares fast enough to offset this issue of regulation. A Trump victory will be a GREAT ADVANTAGE to shareholders as Dodd-Frank will be repealed thence banks can make money again.
GL.
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