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Bank of America BOA
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freeme
Elite |
06-Feb-2009 15:23
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monday should have some news
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maxcty
Master |
06-Feb-2009 15:16
Yells: "always a learning day for me in trading" |
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hmm sorry, when is that date of his new plan for bank release?? let us both hope tonight we can at least see some profit. haha
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freeme
Elite |
06-Feb-2009 15:11
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ya.. yest saw $4 but dare nt buy anymore.. hope by next wk obama release new plan for bank will boast BoA. I tink its overly done liao compare to other bank shares in US
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maxcty
Master |
06-Feb-2009 13:36
Yells: "always a learning day for me in trading" |
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ya..really HENG sia. i quite sian last nite when it drop till $3.77. hopefully can take profit tonite. u still holding at $5.1??
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freeme
Elite |
06-Feb-2009 08:58
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haha heng recover so much.. else really sian 1/2. hopw tonite can collect some profit | |||||||
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jackjames
Elite |
06-Feb-2009 08:38
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NEW YORK, Feb 5 (Reuters) - Bank of America Corp (BAC.N: Quote, Profile, Research) Chief Executive Kenneth Lewis acquired 200,000 of the bank's shares, his second purchase in less than three weeks, on Wednesday, a day before the stock fell to its lowest level since 1984. Four other Bank of America directors, including lead outside director O. Temple Sloan Jr, also acquired shares this week, as did Brian Moynihan, who replaced John Thain last month as head of investment banking and wealth management. Lewis spent about $958,000 on the shares, paying between $4.78 and $4.81 each, a U.S. Securities and Exchange Commission filing shows. That boosted his direct stake to 1,660,997 shares, worth $8 million based on Thursday's close. Lewis owns another 542,235 shares in various trusts, the filing shows. Bank of America shares have fallen 86 percent since the company announced plans last Sept. 15 to buy Merrill Lynch & Co, a transaction that closed on Jan 1. Large losses at Merrill prompted the bank last month to obtain a federal bailout, in which the government agreed to inject $20 billion of capital and share in losses on $118 billion of troubled assets. According to other SEC filings, Sloan acquired 95,000 shares on Thursday, while another director, retired Gen. Tommy Franks, bought 30,000. Directors Virgis Colbert and Charles Rossotti, who joined the board from Merrill last week, bought a respective 15,000 and 10,000 shares. Moynihan bought 20,000. Lewis also bought 200,000 shares on Jan. 20 for roughly $1.2 million. Sloan and several other directors also bought the bank's shares in January. Bank of America shares closed Thursday up 14 cents at $4.84, after falling as low as $3.77. They are down 66 percent this year. (Reporting by Jonathan Stempel, editing by Matthew Lewis)
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jackjames
Elite |
06-Feb-2009 08:22
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yesterday high $4.96, close at $4.84, high and low more than 30%... you really don't know where is the bottom.. that is why people love US market... swing is fantastic.. , heee... | |||||||
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Andrew
Master |
05-Feb-2009 23:57
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Found this new, mutual fund also start selling BAC because they are not allow to own share price below 5USD (House Rule). http://www.marketwatch.com/News/Story/Story.aspx?guid=%7bE72FD3D0-BC03-4AB3-A33B-6CBB4859FB36%7d&siteid=yhoo&dist=yhoo Go to Yahoo Finance ticker BAC |
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teeth53
Supreme |
05-Feb-2009 23:51
Yells: "don't learn through life, learn to grow with life " |
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So I C. That is why..save ML and let go Lehman Bro and BOA got something like US $25 bil injection from FED..Temasick "Heng Lohh"....Board of Directors save liao. IMAGE..what happen if, a big IF let go ML and save Lehman...Si Liao. all dead.
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teeth53
Supreme |
05-Feb-2009 23:32
Yells: "don't learn through life, learn to grow with life " |
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In good time... in greater volume and in bad time...more risk..less volume. It is business as usual to them....like bankers, sure can earn one....$$$
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teeth53
Supreme |
05-Feb-2009 23:28
Yells: "don't learn through life, learn to grow with life " |
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Many of them....be it remisers, brokers, day traders, investers, speculators, many do NOT like to hold it over d next day, Be co's most of them 1 2 roll out better nos and target to hits...by buying it up or selling it down....in greater volume....Ya. | |||||||
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teeth53
Supreme |
05-Feb-2009 23:16
Yells: "don't learn through life, learn to grow with life " |
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Now a DAY, INVESTER OR NOT...cheong oni..many will let go to have some low low kopi $$$...
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teeth53
Supreme |
05-Feb-2009 23:12
Yells: "don't learn through life, learn to grow with life " |
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Errr..nothing much...old news, it just said FED approval sales to BOA...and i did mentionėd Tamasick very "Si Bei Heng", yours is more in details...Ya. Thks Qs for posting... and sharing ur thot...
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nextdoor
Senior |
05-Feb-2009 22:59
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i guess it will closed around 3.50 tonight... |
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fruitty
Senior |
05-Feb-2009 22:55
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hi teeth53, I can read your link: http://sg.news.yahoo.com/afp/20081127/tts-us-finance-banking-takeover-merrill-972e412.html What does it say? |
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Andrew
Master |
05-Feb-2009 22:54
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Should buy at 80~90cts, SEC rules, delist if for 90 days the price fall below USD1. Need to stay at USD 1 for the next 5 or 30 days <forget...heeee) Major shareholders will try to pull the price back to USD1. If fail, do reverse split usually 4-to-1. At this price, always good to play......everyday for 90 days....heee When I write this passage it is 4USD...now 3.80USD .....what happen ?? |
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jackjames
Elite |
05-Feb-2009 22:53
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i just finished taking shower, and now lowest $3.77 ... oh dear, my queue at $2.90 might get it ! teeth53, i queue because i want to buy the stock la.. just want to buy as cheap as possible (even though i don know how cheap can it be).... but then, i believe it can go up "soon".... Temasek paper loss 86%, ouch ouch ouch... let me stay here for another few minutes, might withdrawn and queue lower, let's see.. |
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maxcty
Master |
05-Feb-2009 22:50
Yells: "always a learning day for me in trading" |
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ya man..and is keep going down...
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nextdoor
Senior |
05-Feb-2009 22:49
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below US$4 already...
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maxcty
Master |
05-Feb-2009 22:45
Yells: "always a learning day for me in trading" |
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same feeling....
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