There is a lot of caution built into the current price. Allows for stronger pops when good news comes in. The q3 cc will be very interesting. I am putting odds of a foreign transaction at 70% in next 6 months.
Absolutely agree. Just look at the market today, then look at BAC, if you can. what a pathetic Stock at present. HFT exchanges and clients are making a ton of money with the rebates alone! .03 cents per share per trade, regardless of direction. Book is $23.45 as of a few minutes ago.TBV is over $18.