Thread regarding Bank of America layoffs

Things are not as bad as it seems

Bank of America: Don't Be Fooled

  • Bank of America is down 27% from its 52 week high and 25% year to date.
  • Even so, the bank is up 6% after beating earnings on both the top and bottom lines recently.

https://seekingalpha.com/article/4547941-bank-of-america-dont-be-fooled

by Anonymous
| 1631 views | | 3 replies (last October 25, 2022) | Reply
Post ID: @OP+1jlFfoiY
Comment! It's anonymous!

3 replies (most recent on top)

OP obviously does not work in trading.

(nor knows how to calculate basic ROI)

by Anonymous
| | Reply
Post ID: @2iym+1jlFfoiY

https://www.google.com/finance/quote/BAC:NYSE?window=MAX

by Anonymous
| | Reply
Post ID: @2hmd+1jlFfoiY

You are right it is not as bad. You are only $10 away from the trading price in 2000 and $20 away from 2008 trading price. Meanwhile the DOW, Russell, NASDAQ and S&P more than double.

by Anonymous
| | Reply
Post ID: @2dcv+1jlFfoiY

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