Bullitt
Well-known member
BAC as a LOOONNNGGG term hold, yes I'd buy it for the 4.5% Divvy. Right now I don't see much upside in any financial companies. I'd wait a while before heading into any bank stocks. Even if there isn't any further fallout from the subslime mess, fear is going to continue to crush these stocks. Buy into fear, I like that.
Support at 48 for BAC.
Support at 48 for BAC.