Remember when Bank of America (BAC) was poised to break the all important $5 barrier five sessions ago (Tuesday). Rumors are that the central bank swap line announcement Wednesday morning was to save the cake of a major European bank - one wonders if the timing was also (or solely) to benefit BAC. The Fed apparently voted on this Monday morning - the stock would have been around $5.10s. I will check with the black helicopters.
All I know is Mr. Buffet has made up a lot of unrealized losses in the past week - a cool 17% rally.
No position
Monday, December 5, 2011
Uncle Buffet Has to Be Pleased about the Bank of America (BAC) Investment the Past Week
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Mark
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11:15 AM
Uncle Buffet Has to Be Pleased about the Bank of America (BAC) Investment the Past Week
2011-12-05T11:15:00-05:00
Mark
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Uncle Buffet Has to Be Pleased about the Bank of America (BAC) Investment the Past Week
2011-12-05T11:15:00-05:00
Mark
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