Fidelity SPDR Advertisement
Home > Boards > US Listed > Banking and Finance > Bank of America Corp. (BAC)

Just to bring a sense of scale of

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
JJ8 Member Profile
 
Followed By 97
Posts 3,559
Boards Moderated 0
Alias Born 02/13/12
160x600 placeholder
BofA Whistleblower to Get Nearly $58 Million--Filing "Dow Jones News" - 12/17/2014 6:44:30 PM
Bank of America Declares Quarterly Dividend on Series L Preferred Stock "Business Wire" - 12/17/2014 1:28:00 PM
Bank of America Merrill Lynch Named Institutional Investor Magazine’s “Top Global Research Firm of 2014” "Business Wire" - 12/17/2014 8:30:00 AM
Earnings Outlook Poor for Banks as Jefferies Swings to Loss -- 4th Update "Dow Jones News" - 12/16/2014 8:03:20 PM
Earnings Outlook Poor for Banks as Jefferies Swings to Loss -- 3rd Update "Dow Jones News" - 12/16/2014 6:56:11 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 12/16/2014 4:07:55 PM
Bank of America Names DeMare, Mensah to Lead Global FICC Trading -- Update "Dow Jones News" - 12/16/2014 3:39:33 PM
Bank of America Names DeMare, Mensah Co-Heads of Global FICC Trading "Dow Jones News" - 12/16/2014 1:55:38 PM
Earnings Outlook Poor for Banks as Jefferies Swings to Loss -- 2nd Update "Dow Jones News" - 12/16/2014 1:35:35 PM
BofA Merrill Lynch Fund Manager Survey Finds Investors Raising Cash While Cutting Commodity Allocations "Business Wire" - 12/16/2014 8:30:00 AM
MBNA Goes Digital with the Launch of a Pilot for the MBNA Wallet "PR Newswire (US)" - 12/16/2014 7:14:00 AM
Finra Fines 10 Firms Over Coverage Of Toys 'R' Us IPO -- 3rd Update "Dow Jones News" - 12/11/2014 12:15:33 PM
Finra Fines 10 Firms Over Coverage Of Toys 'R' Us IPO -- 2nd Update "Dow Jones News" - 12/11/2014 11:58:30 AM
Prospectus Filed Pursuant to Rule 424(b)(2) (424b2) "Edgar (US Regulatory)" - 12/10/2014 4:18:57 PM
Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp) "Edgar (US Regulatory)" - 12/10/2014 1:17:17 PM
Bank of America, Citi Give Weak Outlooks for Trading Revenue -- 2nd Update "Dow Jones News" - 12/9/2014 6:38:47 PM
Bank of America, Citi Give Weak Outlooks for Trading Revenue -- Update "Dow Jones News" - 12/9/2014 4:00:33 PM
Bank of America Gives Weak Outlook for Trading Revenue "Dow Jones News" - 12/9/2014 3:53:24 PM
2015 Market Outlook: BofA Merrill Lynch Global Research Forecasts Bull Market Slows to a Jog in 2015 "Business Wire" - 12/9/2014 11:30:00 AM
Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) "Edgar (US Regulatory)" - 12/9/2014 6:01:50 AM
CLSA Taps Andrew Low as International Investment Banking Head "Dow Jones News" - 12/9/2014 2:08:06 AM
Merrill Recruits Advisers From UBS, Citi -- Street Moves "Dow Jones News" - 12/8/2014 7:07:23 PM
CFOs Rate U.S. Economy at Highest Level Since Recession; Predict Higher Sales, Expansion & New Full-time Hires According to B... "Business Wire" - 12/8/2014 4:00:00 PM
Registration Opens for the 2015 Bank of America Shamrock Shuffle 8K "Business Wire" - 12/8/2014 10:00:00 AM
JJ8   Monday, 01/07/13 11:05:17 PM
Re: None
Post # of 17654 
Just to bring a sense of scale of values. Of course, as usual, most people are not too critical but go with what they see on the surface alone.

I have both stocks in my portfolio: C (Citi) and BAC. But I trade mostly in BAC.

At today's closing prices, BAC is $12.09 and C $42.47

The fact is that C is actually a $4.247 stock (due to a 1-10 Reverse Split) versus BAC's $12.09

The question that comes to mind: Is BAC really worth almost 3 times the price of C? I doubt it!

However, the stock market is something else... where psychology reigns and perceptions are the 'reality' and BAC has the upper hand as a stock at this time. One must keep that in mind.

The truth is that about 15 years ago, I was so dis-satisfied with the service they provided and their attitude, I transferred my accounts to Citi. Yes, I do recognize that this has nothing to do with investing in BAC at this time. In 2012 alone, I traded BAC stock 11 times, all being profitable. One third of my profits came from BAC for last year.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist