Anyone know what happening to BAC?

Why the delayed rally? And whats the news? Top management is resigning one after another, their replacements are failed execs of failed companies, they are still adamant about refusing to restructure struggling mortgage holders, still owe $45B to the gov’t, got caught lying to the SEC, etc Does anyone have some inside scoop as to why?

didnt news just come out yesterday that barclays and hsbc had much better than expected profits? thats gotta be contributing to BAC’s increase. plus housing data has been getting better.

I’m so pissed…I just sold the other day because I finally got back to even after months of being down. Figures.

chrisclwtr Wrote: ------------------------------------------------------- > I’m so pissed…I just sold the other day because > I finally got back to even after months of being > down. Figures. Loss aversion.