Bac- they got it wrong buy buy buy under 14
Revenue for Bank of America fell 11 percent in the three month period ended June 30 to $29.45 billion from $33.09 billion.
With those numbers is a 8 sell off warranted I dont think so. Remember many people are still in BAC from the 16 level.
Id say BAC hits 20 by years end and retests 16 short term.
It could have some more downside but buying this dip is the right thing to do.
Looks like this sucker is heading south of 13......
Yup, it broke support. dive, dive
What an oppurtunity to grab BAC on the cheap for the long term.