VGStockz: General Questions

[Ail]

aori said:
No achievements for losing money strangely :( But at least I'm learning a lot.
From now on I'll try to use trailing stops rather than emotion/guesswork.

Btw BofA is still pretty low. Especially if it manages to stay profitable over the next 2 quarters. It looks like it should head back to at least 10 maybe 12 range over the rest of the year.
On the other hand they're are a lot of consumer complaints mounting against the bank and there seems to be some tensions with their Merrill Lynch subsidiary. A lot of brokers are discontent being under Bofa. Also the stock has already risen 45% percent for the year so it's hard to see it sustaining that rate. I really can't see it going much above 14$ for a long time. Maybe 5 years or more?

well at least on the side of customer complains, the other banks are trying very hard to do as bad as Bank of America so it's probably a wash there ;)

 

And 10 by the end of the year would actually be really great. That would be 25% up from now and I doubt the market as a whole is going to do much for the reminder of the year, seeing how we are in an election year.. Heck I would take 9$...