Bank of America Corp (BAC): good point and very possible...Same thin...

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Re: altruism post# 9523

Sunday, 12/04/2011 7:31:07 PM

Sunday, December 04, 2011 7:31:07 PM

good point and very possible...Same thing happened to National City Bank (formerly known as NCC) in 2008. Fell from $20 a share and ended up falling below $2.00 even after they cancelled their dividend. Eventually were bought out by PNC bank but investors got slaughtered.

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