Replies to post #18363 on Bank of America Corp (BAC)

[stocksnoway]

Do you mean rate increase?

This one would be hard pressed to get to 30.

I am thinking 25 to 28 that would require much higher rates that I hope start in Sept.

Have been here before and no follow through from O I hope the 2nd time is a charm...

I did read some analyst concern about the Feds instead of raising rates creating QE4 due to a very sluggish to non performing economy. If O would relax his bank regulations we might see a pop?

Anywho lots to think about in a severely democratic regulated industry. Without a rate increase we sit and if O attacks BAC again WEGO to 14's again too!

With trillions in cash the smallest of rate increases creates
BIG BUCKS and Brian knows it!
IMHO

[V63]

I bought in $BAC on a buying power margin loan I couldn't bring myself to sell any of my NASDAQ stock since they are in the green and I bought them all for a reason and they are doing great, I hope $BAC dosen't take a big dip and I'll be ok. waiting game for 06/18