Recent events at Bank of America have drawn
my interest. Shareholders are rebelling and
may even force the acquisition of Merrill
Lynch to be rescinded. BAC had descended
to a yearly low of $5.05. It has been on
an upward track lately. With comparatively
heavy volume on Friday/ the low was $5.30,
the high $6.28, and the closing price $6.24.
I will let you search out the stories.
I am not in a position to, and there is no
reason for you to take my advice; still, if
I were in a position to and had $200.00 to
spare/ and a brokerage such as ING, I would
buy a few shares.
Anyway, this is the start of my coverage of
BAC. We will see what goes down.