Man, my old post about BoA is a buy looks like a slap on my face now. The share price is 6.46 now, and I said it was a buy when it was around $12. I am not very confident with my analysis now.
I have bought BoA at $11, $8 and $7. Not sure when its share will come back.
The CEO is selling assets to cover possible loss. Hopefully he can turn the company around. His background is a lawyer. I can only guess he was hired for law suits BoA is facing a lot now. Once the company get out of all of those major law suits. I assume he will be out of job.
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