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Thread: BANK OF AMERICA FINANCIAL TRENDS
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02-28-2007, 01:03 AM #1
BANK OF AMERICA FINANCIAL TRENDS
BAC 50.80 -1.99
http://link.toolbot.com/yahoo.com/67630
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02-28-2007, 01:06 AM #2
The market crashed world wide. BofA and hundreds of thousands of stocks nose dived. China dropped 9%. USA dropped 3%.
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02-28-2007, 01:06 AM #3
The stock is on a downward trend since the boycott launched, but the stock price is not a good indicator.
1. The people we are fighting have plenty of resources to manipulate stock prices as they like.
2. Some big investors like greed so much they invest to reward it.
3. Wealth interests around the wold that hate the US may buy the stock to further encourage BofA to do things that harm America.
The stock is not a good indicator.
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02-28-2007, 01:11 AM #4
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W,
What is a good indicator of success?
Oliver
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02-28-2007, 01:22 AM #5Through four years of gobbling up smaller rivals, the Charlotte, N.C.-based bank -- which employs about 10,000 people in Delaware, mostly in its credit card division -- has grown to be the nation's largest retail bank and largest credit card issuer.
But after nearing a federal cap that bars any U.S. bank from holding more than 10 percent of the nation's deposits, the company said this week it would shift strategies toward more organic growth.
"We don't need another U.S. acquisition," Lewis told Bloomberg News in an interview Tuesday.
Instead, Bank of America is trying to figure out how to tap new markets and squeeze money out of existing customers.
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02-28-2007, 02:39 AM #6Originally Posted by olivermyboy
oops, thats what a illegal would say.. sorry
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02-28-2007, 03:52 AM #7
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Originally Posted by EastTX_DudeJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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02-28-2007, 05:08 AM #8
Unless my ignorance in stocks is showing, it looks like they all took a dive around the same time.
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02-28-2007, 09:27 AM #9Originally Posted by olivermyboy
I personally feel it is a great success already when you consider how many people have signed the petition and pulled accounts.
The press on this thing has been huge and the other night I did some searches to see about how many websites were reporting our boycott.
The results are around 30,000 !
Many new people are taking action because of this. Many new people have found our movement because of this.
WJoin our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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03-01-2007, 12:40 AM #10
W,
I have been noticing, within the time of this boycott, how fast new members have been joining ALIPAC.------------------------
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