One of the things that is affecting BAC's share price is the shares outstanding of 11B plus. C did a 10/1 R/S to bring their number down to 2B.
Both had to issue a ton of shares when the bottom fell out.
For some reason BAC is hesitant to do an R/S. Not to say though that isn't in the future for them.
WFC has 4B plus out.
New Year's Day--Now is the accepted time to make your regular annual good resolutions. Next week you can begin paving hell with them as usual. - Mark Twain
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.