For the first time in nearly 2 years, Citigroup's (NYSE:C) market capitalization is now below $100 billion, thus reducing the number of US listed banks (note: US listed banks are not the same as US banks) that have a market cap over $100 billion to just...
If you are long on Bank of America Corp (NYSE:BAC), then you're probably in panic mode at the moment. The stock has shed almost 40% of its value since the beginning of the year (the stock has lost $2 of its value in since the beginning of July!). Take a...
I have traded BAC many many times before, and I have stopped trading it back in January. The reason why I stopped trading it is because it was one of the very few stocks (and the only non-bear stock) that I have lost money on. It's not that I think this...
One of the stocks that I watch most (but I've stopped trading since last year) is BAC. Although I have categorized this stock as risky before, I think it is one of the most interesting stocks out there. The pattern is now very clear, the long term...
I was just checking C, and I noticed that Citigroup and Bank of America are very close to each other when it comes to market capitalization. Citigroup has a market capitalization of $114.90 billion while Bank of America has a market capitalization of...
Citigroup Inc. (NYSE:C) is now trading at $36.81, just $0.60 above the 52 week low. But how low can it go? I think there will be huge support at the $35 level, but if that support is broken, then the stock could go down to $30.
But the question is, is...
BAC (a stock that I loathe and thankfully have stopped trading for a while) is currently trading $10.93, which is just 2 cents above the 52 week low. Will it break this $10.91 barrier today?
I think if it does, then there's a huge potential that BAC...
I like the "Top 100" lists that I'm creating. This time I have decided to create a list with the top 100 stocks, with high volume, that are trading below their book value. Let's take a look at this list...
RankSymbolVolumeBook ValuePricePrice as a %...
I always believed in C (Citigroup Inc.). It is one of those rare stocks that I believe will rebound extraordinarily when they do rebound, and I always made money on this stock, regardless of the price at which I bought it.
Let's examine the performance...
I've traded with most bank stocks and I can safely list the 3 worst bank stocks currently listed on the market (starting from the ultimate worst, oddly enough the list below is also sorted by alphabetical order):
- AIB (Allied Irish Bank)
- BAC (Bank...