Bank of America Corp (BAC)

[altruism]

I think if this breaks $5 there's gonna be some pain.... a lot of people trade on margin and a lot of brokers won't allow accounts to trade under 5 bucks..... margin calls could cause forced sales which could cause a land slide... if for instance this were to close at $4.90 it's possible it could open the next day in the low $4's.... just a thought. Maybe Europe will have panacea this week for all its ills... Europe works something out expect $6.50 - $7.50 near term... "IF" Europe comes up with nothing or says the problems are far worse than they thought (which I believe they are, hard to fix 30 - 50 years of social spending in a week).... then we're looking at a very dark End of year and beginning of 2012....