Replies to post #2944 on Bank of America Corp (BAC)

[Mr. Bill]

BAC has already been beaten into the ground. Limited downside remains here.

[enlightened1]

THIS NEWS WAS ALREADY OUT FRIDAY
So it should, in itself, have no affect on Monday. There is enough bad news already out there to move BAC down to $1. if it were in their interest to do so.

Big money that really moves markets already know these 'news'
items before it reaches the masses, so they would know long before Friday that this was taking place. International banking is a fraternity.

UPDATE 1-UK to take 75 pct Lloyds stake in asset deal-WSJ .....
Friday, 6th March 2009 ... LONDON, March 6 (Reuters) - Britain will take a stake of up to 75 percent in ...

Have a nice weekend