Charlotte's Bank of America is fighting for its life. The volume on BAC was yesterday and is again today truly astounding...to the downside. Paging Ken Lewis...come out wherever you are. Some assurances, if any exist, would be good about now.
Just my 2 cents, but if BofA closes under $5, I fear for it and Charlotte.
BAC defending at $5.15 range now. Now, back to baking my cookies.
Updated: Bank Of America Continues Collapse, Only $4.70 To Go (BAC)
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