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Old 09-17-2011, 12:47 AM #1
PillsburyDoughboy
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BAC buy

Looking at buying BAC. Limit order at 7 for about 300 shares. Looking for a 30 day to 6 month turn around. Thoughts?

If you had to look up BAC don't answer. On a side note does anyone in here even work in the financials services industry? (Bsides tmo and myself)
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Old 09-19-2011, 02:05 PM #2
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Quote:
Originally Posted by PillsburyDoughboy View Post
Looking at buying BAC. Limit order at 7 for about 300 shares. Looking for a 30 day to 6 month turn around. Thoughts?

If you had to look up BAC don't answer. On a side note does anyone in here even work in the financials services industry? (Bsides tmo and myself)
I work in the financial services. Not sure why you're looking for a 30 day to 6 month turnaround, the money you're spending to buy these shares isn't really money you need, so why not go long
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Old 09-19-2011, 02:38 PM #3
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Quote:
Originally Posted by PillsburyDoughboy View Post
If you had to look up BAC don't answer. On a side note does anyone in here even work in the financials services industry? (Bsides tmo and myself)

What do you do in "financials services industry"?
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Old 09-19-2011, 08:19 PM #4
PillsburyDoughboy
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i work in private wealth management. and yes typos occur. and yes idk because we are on pbnation.
i want to use gains for a trip to vegas, to do some real gambling.
I dont care about long term, i have a 401k for that atm plus i am only 23.
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Old 09-19-2011, 08:32 PM #5
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I would not go long term in BAC until you know the true cost of the the toxic debt they incurred from country wide. They are also going through a massive "delayering" ( 30k lay offs). I'd straddle it personally but that is just me.

In the industry.
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Old 10-25-2011, 08:17 PM #6
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BAC is going to be stuck in the $6-8 range for a long while to come. Banking industry is the first to get killed the second bad news comes out, especially bac and c. You can get aapl on the cheap now ($under 400), and its nothing to see 6-7% swings in a day with them.
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