The beleaguered Bank of America broke the $6 barrier today as the S&P 500 sits at the all important 1120 level. BAC is now back to levels it last hit in April 09. It has about $20 in book value and $12 in tangible book. In theory, if the whole company were liquidated the stock would double.
 |
| Click to Enlarge |
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.