Opinions and observations expressed on this blog reflect the authors' individual experiences and should not be construed to be financial advice. None of the members of this blog are licensed financial advisors. Please consult your own licensed financial advisor if you wish to act on any recommendations here.

Tuesday, August 23, 2011

Is Bank of America Sick? Maybe

Its stock sure acts like it and here's a little bit of an article on the subject:


Two things disturb me about Bank of America (BAC) at the moment. One is the persistent and massive decline in its stock price. The other is the fact that even on a good day it could not rally.

The good news is that it appears that its potential capital problems probably won't come to a head all at once and it will have time to remedy them.  As bad as the past few weeks have been, this isn't at all like 2008.

No comments:

Post a Comment