Bank of America Stock Price Drops Like A Rock After McMillan Firearms Manufacturing Boot Out

Transsylvania Phoenix | 04/22/2012 | Transsylvania Phoenix

[.454Puma]

Take a look at what happens with BofA stock starting with April 19th. The power of the Internet!

[.454Puma]

forgot the link http://transsylvaniaphoenix.blogspot.com/2012/04/bank-of-america-stock-price-after.html

[Joe Miner]

They fact they announced their quarterly earnings the morning of the 19th before the market opened might of had a slight influence also.

[Chuckster]

Ha! a new 52 week low according to Morningstar

[mnehring]

5 Day Chart:

Six Month Chart:

[bgill]

Thanks, the 6 mo. chart is more accurate. Wonder what caused the dip last Nov.?

[mnehring]

Ha! a new 52 week low according to Morningstar

Are you looking at the right stock? BAC closed Friday @ 8.36. BAC's 52 week low is 4.92. Here is a one year chart for BAC.

[mnehring]

They also had a $20Million settlement in the Merrill case on Friday.

[mnehring]

That is when they had a LOT of bad PR such as the monthly fee for debit cards, mortgage lawsuits, etc. It was a pretty good buy time for the stock.

[bgill]

Ah, that’s right.

[what's up]

Your source is wrong.

BAC was below $5 in December '11.

[KTM rider]

just another little skirmish in the all out War On Capitalism

the gunstocks will be made in China now 100 more jobs lost and Obama will be a little closer to fulfilling the Cloward-Piven strategy

[Vaduz]

When the market opens the most used word will be SELL.

[JohnD9207]

Check it out:

http://www.chappellhillbank.com/default.htm

If you have a valid CCW permit you are welcome to enter the bank. Enjoy.