Bank of America Corp (BAC)

[Equitiesduke]

Ask any institutional concern with a large block of BAC Shares. One there might laugh at how easy it is to make the .03 cent per share per trade rebate("bribe") when you ask him/her. they do not ALLOW the share price to hold above 25. for very long. Simple as that!
Great fundamentals, BAC has tons of cash, aggressive buy back, increased divy(still a pittance), although laughable compared to some, and good management.Cheap share price makes it very easy to manipulate price. A mere 5,000 shares of any stock can affect the pps!So they get the rebate and a spread of maybe .05-.07. BAC is a cash cow for some, simple as that.
30 by year end is possible, but ??????? only if the biggies are feeling like Santa Claus by Thanksgiving.
GLWYT.