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Sunday, February 14

Bank Of America Corp long term Buy Pick

Bank Of America Corp (NYSE: BAC) Bullish Pick
Reiterate Buy call.

Trading at only 1.2X tangible Book Value, vs WFC and JPM which are trading at about 1.8X Book Value. Should be trading at 2X tangible Book Value in this economic recovery.

Here is Bank Of America Long Term Chart review. This is a BUY call for investors planning for a high return stock pick.
Here is the investing Swing Trading Plan for Bank Of America.

BUY Bank Of America $14.60 (now even lower at $14.50)

First Target Sell $18.2       24% gain
First Buy Back $17

Second Target Sell $20.8   22% gain
Second Buy Back $18.2

Third Target Sell $24.5      34% gain

Start account: $10000
Projected Returns on investment:1.24*1.22*1.34-1 = 102%

Estimated investment period ---- 1 year.

Projected account after investment period: $20200

See Bank Of America Corp long term daily chart.
It is going to bounce upwards and rally.

BAC FEB 11 2

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