Bank of America Corp (BAC): Hell no lol, no reason why to cover when...

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Bank of America Corp (BAC)

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Re: PreeFah post# 11293

Tuesday, 03/20/2012 10:33:01 AM

Tuesday, March 20, 2012 10:33:01 AM

Hell no lol, no reason why to cover when this is far more likely to drop from these prices than to go up. I will go long if I can get an entry point around low $8. I'm not sure if that will happen but if I can't get that entry I just won't bother to go long and only keep trading it. You have to decide what you are comfortable with an entry and exit point/strategy because if not you will more likely than not take a loss on your trade.

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