BAC of C

Discussion in 'Stock Market' started by wimpy77, Apr 28, 2009.

  1. wimpy77
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    wimpy77 Member

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    if you own the stocks are you selling on the news that they need to raise more capital.
     
  2. Indiana Oracle
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    Indiana Oracle The Truth is Hard to Find

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    BAC, C, GM are binary plays IMO. Now holding GM, and am waiting for BAC to drop hard, then I will go in there as well (if it happens). Corresponded with John Thain (yep, that Thain (happenstance)) and his view is view is that C will be sold off. My view as well.
     
  3. wimpy77
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    wimpy77 Member

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    i can see C being sold off eventually but i think its gonna be a while. but honestly i think if people didn't think some of these banks didn't need to raise more capital then there were either stupid or just plain gullable.
     

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