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DateDoc

07-21-2008 07:09 AM

Bank of America Net Income Drops 41%

But shares are up 12% :winkwink:

Quote:

Bank of America Corp., joining the ranks of other U.S. banking giants, posted a decline in second-quarter profit that nonetheless topped Wall Street estimates, and investors lifted its shares 12%, to $30.92.

http://www.marketwatch.com/news/stor...=TQP_Mod_mktwN

raven1083

07-21-2008 07:10 AM

wow! That was awesome great!

stephane76

07-21-2008 07:12 AM

11% actually :)

GetSCORECash

07-21-2008 07:14 AM

so the steet, must think that they are a bargain.

ztik	07-21-2008 07:19 AM

Quote:

Originally Posted by SCORE-Cash (Post 14484837)

so the steet, must think that they are a bargain.

Yeah everyone thought it was going to be way worse and the stock was already priced for the huge dip

pornguy

07-21-2008 07:21 AM

I dont trust that bank at all.

Inde	07-21-2008 07:32 AM

When compared to how other financial stocks have been performing lately, that drop in NI is really not that bad.

Holly

07-21-2008 07:58 AM

Damn tube sites.

gornyhuy

07-21-2008 08:35 AM

The sky is... ummm.... NOT falling?

pr0	07-21-2008 09:26 AM

fucking tube sites killing every ones sales

it has nothing to do with the economy being totally fucked & gas at $5 :2 cents:

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