Tuesday, October 19, 2010

BAC - If It Was Attractive Before...

Kinda made me laugh:

Gee, if it was attractive before, its getting really attractive now (courtesy NASDAQ).

Dipped my toe in the BAC equity water (already own BML preferreds) and quickly went underwater.  Fortunately, I tend to leg into the falling knives.  I also believe that it is a decent long-term play (and yes, I bought it with that intention being a value/credit guy).

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About Me

A student of the markets that has held portfolio management, analysis and trading positions for over 15 years.