investing and personal finance

Bank of America Year-End Update for 2012

Bank of America (BAC) is now trading at $11.29 and has risen 103% year-to-date. I wrote about BAC previously here https://manandhisthoughts.wordpress.com/2011/09/25/its-the-economy-stupid/and here https://manandhisthoughts.wordpress.com/2012/02/28/update-on-bank-of-america-and-a-new-potential-idea/. I’ll continue to hold it with the potential to slim down my position in 2013 if the stock approaches $13-$16 (if the story remains the same). I’ll add to my position (if the story remains the same) below $10.

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