UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: trader2012 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35397  
Subject: BAC’s 4.950’s of ‘28 Date: 11/21/2012 7:57 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
Bank of America has been on a tear, calling in every bond they seemingly have ever issued. This is the third time in fewer months that I’ve been hit by a call from them. Sometimes, I’ve merely broken even on the deal. This time, I’ll make a few bucks, a YTM of 9.9% over what would been my projected YTM of 6.6%.

In a Fool article, Amana Alix questions whether BAC has become a buy. http://www.fool.com/investing/general/2012/11/21/should-you-... A quick read suggests she’s punting more than doing a through, actionable analysis. And I haven’t yet dug into their situation, either. But, clearly, something is going on that investors might profit from. They are clearing up their books and getting rid of debt. Why? Find the answer, and you might make some money.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Russia Collapsing Again?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement