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WhiteNOC

04/22/12 9:49 AM

#11765 RE: Sergey777 #11764

Looks like it really is time to get out:

Bank of America (NYSE:BAC) (NYSE:BAC) the biggest percentage loser
among Dow Industrial stocks as one influential analyst said it was time to
sell. And that’s certainly what investors were doing today, sending shares
down more than 5 percent. Calyon Securities banking analyst Mike Mayo said
the banks’ first quarter results this week were quote, likely as good as it
gets, end quote. So he downgraded his view from “under perform” to “sell”
with an $8 price target. BAC closed at $8.36 per share tonight.