Tuesday, December 20, 2011

Golden chance to accumulate Bank of American




Current share price around USD 5

The shares have not closed so low since March 2009

Lowest price during financial crisis is USD 3.14

Most of the fund managers are holding and buying this share

Warren Buffett purchased 5 billion of the bank's preferred shares

Warren Buffett average purchased price for common stock is USD 7.14

Do you think Warren Buffett make a wrong move? :)

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