Tuesday, August 23, 2011

@AllAmerInvest B of A and More

Here's Why Bank Of America's Stock Is Collapsing Again

In fact, in what is fast becoming a formal law of bank-stock thermo-dynamics, the more the bank insists that everything's fine, the more investors take this as a signal to run for the hills.

And given that Bank of America has now persuasively broken the $7 barrier and now has a mere $65 billion of equity value left, this death spiral can't continue much longer. (The good news, we suppose, is that the stock can't fall below zero).


By Bob DeMarco
All American Investor

Future skill shortages in the US economy? Sorting out the evidence

10 Things You Need To Know This Morning

A Look Inside The Fed's Limited Tool Box

Krugman vs. Rogoff: How to Fix the Economy

‘Supercookie’ Code Seen on Hundreds of Sites

Moderate drinking protects against Alzheimer's and cognitive impairment

Subscribe to All American Investor
Enter Your Email Address

Original content Bob DeMarco, All American Investor