Monday, July 11, 2011

Early Warning, Bank of America (BAC) Settlement Not Over, Grim Outlook

See this article from zerohedge.com, news of the banks recent settlement was premature.  BAC is near a 52 week low today, and there it doesn't have much going for it in the coming months.  I wouldn't mistake this as an opportunity to buy.

http://www.zerohedge.com/article/congressman-brad-miller-blasts-legality-bank-americas-85-billion-rmbs-settlement

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