Monday, March 02, 2009

Bank of America is officially in the shitter!

I said months ago that Bank of America was sucking wind when they were trading at an all time low of just over $10.00 per share and I was right on.....today this crappy bank is trading under $4.00/share. Good luck you POS of a comapany.

Your stats speak volumes:

BAC quote (NYSE Exchange)3.95 unch
After Hours: 3.89 -0.06 / -1.52% Vol. 387,115
Previous Close 3.95 Bid 3.84
fyi Open 4.25 Bid Size 1,000
Day's High 4.89 Ask 3.89
Day's Low 3.95 Ask Size 1,000
Volume 4,700 52 Week High 43.46
Avg. Daily Vol. (13 wk.) 268.55 Mil 52 Week Low 2.53
BAC Intraday Chart5d 1m 3m 1y 3y 5y 10y Beta 1.77
fyi Dividend & Yield 0.04 (1.01%)
Earnings/Share 0.62
Forward P/E 2.22
Market Cap. 25.25 Bil
P/E 7.18
Return on Equity 1.81
Total Shares Out. 6.39 Bil

I said you sucked at 10 bucks a share, now at under 4 bucks you blow chunks!!!! I am thinking my piggy bank is worth more than your sorry ass company.

2 comments:

Anonymous said...

Understand your emotions about this particular bank, but pretty much all the big Wall St banks are sucking wind nowadays. BoA is not the only one.

And the malaise is affecting more than just banks. My employer's US parent company's stock is down to 1/6th the "value" it was just a couple of years ago. Since I decided to "hold" my stake, I have to say that is blowing chunks at this moment too.

Blue Eyes Crying said...

Rob
I know what you mean....AIG ia getting a HUGE government bailout and the whole thing makes me sick. I just have a personal agenda with Bank of America so I rip them a new one every chance I get.

I hope my friends to the north are doing well. If you guys decide to come south into the land of Missouri look me up.

Ron