Bank of America Stock

[godoftrading]

Im looking for one good buy and hold stock. BAC is now trading at 2004-2005 levels and is way off its high. 6% dividend. WB is also way off its highs sporting a 5% dividend.

Should I pull trigger?

 

[grantx]

GOT,

Do you think they'll maintain the 6% dividend? I wouldn't bet on it. May be a possible buy-hold-candidate but I reckon you will know more of this than I.

A lot of these financials do look very tempting (04-05 levels? Unbelievable). But is there more bad news ahead? That's the question. One for the brave, or a small investment I think, GOT.

With all my caution BOA will probably rocket now.

Grant.

 

[TheBramble]

Erm, why do you think they offer a 6% dividend...?

From almost 3 weeks ago...

http://www.trade2win.com/boards/417656-post950.html