It was priced at $22 a few minutes ago. I don't know, but if there was one name the shorts may want to crucify Thursday morning, this could be it.
Tuesday, October 7, 2008
Bank Of America Deal Was Just Priced
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
3 comments:
Holding BAC puts from Thursday...I think we may very well see new 52 week low once short seeling ban lifted. I followed your intuition on AIG a month ago. Thx Upside!
Holding BAC puts from Thursday...I think we may very well see new 52 week low once short seeling ban lifted. I followed your intuition on AIG a month ago. Thx Upside!
darwin
awesome bac could have issues here-good luck with it
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