BAC down 10% tomorrow.# Stock
u*n
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Bank Of America May Open Down 10% Tomorrow
Posted: September 5, 2011 at 3:23 pm
It is Bank of America’s (NYSE: BAC) turn to sell off 10%. Deutsche Bank
dropped 8.9% in trading today. Royal Bank of Scotland fell 12.3%, and
Societe Generale 8.6%. The reasons for the panic selling in Europe are not
unlike the reasons Bank of America dropped to $6.01 three weeks ago, from a
52-week high of $15.31. The economy is weak and financial firms may take
huge hits to their balance sheets
Read more: Bank Of America May Open Down 10% Tomorrow - 24/7 Wall St. http://247wallst.com/2011/09/05/bank-of-america-may-open-down-10-tomorrow/#ixzz1X82vZR4w
Posted: September 5, 2011 at 3:23 pm
It is Bank of America’s (NYSE: BAC) turn to sell off 10%. Deutsche Bank
dropped 8.9% in trading today. Royal Bank of Scotland fell 12.3%, and
Societe Generale 8.6%. The reasons for the panic selling in Europe are not
unlike the reasons Bank of America dropped to $6.01 three weeks ago, from a
52-week high of $15.31. The economy is weak and financial firms may take
huge hits to their balance sheets
Read more: Bank Of America May Open Down 10% Tomorrow - 24/7 Wall St. http://247wallst.com/2011/09/05/bank-of-america-may-open-down-10-tomorrow/#ixzz1X82vZR4w