Post A Reply
Allstocks.com's Bulletin Board
Hot Stocks Free for All !
BAC Bank of America
» Post A Reply
Post A Reply
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by Free Muney: [QB] invester, i am currently holding a ton of bac for the stimulus announcement for the record. BUT, in an effort to remain objective, i worry that the acquisitions are as much of a detriment as they are valuable...all of bac's acquisition's namely Merrill and COF were companies that were bleeding bad. and now they are bleeding on bac's books... so unless this stimulus actually in one fell swoop solves banks problems(not likely) it could seriously devalue bac's share price(as well as absorb some of the cash on hand, assets, etc). In addition, being as large a company as bac is, problems with its new companies will take considerable time to repair and coordinate with bac's current operations to create synergy and profitability in the future. Increasing exposure during this massive banking debacle could end up being costly in the near term is all i'm trying to say. Disagree? [/QB][/QUOTE]
Instant UBB Code™
What is UBB Code™?
Disable Graemlins in this post.
*** Click here to review this topic. ***
Allstocks.com Message Board Home
© 1997 - 2013 Allstocks.com. All rights reserved.