Bank of America Corp (BAC)

[Gixene]

Date: 1/24/2014 10:54:06 AM ET
Symbol: BAC
Subject: Sold BAC @ $16.57
Action: Executed

I have sold 100% of my position in Bank of America (BAC). I wanted to sell in the $16.70 range, but I was up late studying for college last night and forgot to set the alarm to wake me up before the opening bell. I made 27% in this position, 28% including dividends. I bought into the position on July 1, 2013 for $13.01. I had two dividends for $0.01.

I believe it's important to note that I did not sell because of the global events that are currently effecting the market itself. I had a plan to sell before these events arose, so this decision certainly was not emotional. I made these plans before buying the position and followed it to the best of my ability.

I will begin looking for a new long-term position. I should point out, from what I see at a quick glance, BAC still meets some of the strict criteria that I have set. Though I will need to look deeper and execute due diligence to be sure of that. It was great communicating with other investors and traders here, sharing knowledge, ideas and opinions which I truly value here on Investors Hub.

Good luck to all, Gulley