How Bad is Bank of America’s Stock?
- Posted by JC Parets
- on August 23rd, 2011
The simple answer? Really Bad.
The stock is down almost 70% from it’s highs in April of last year.
But do you want to know what makes things even worse? Bank of America’s Stock is not only crushed on an absolute basis, but it has somehow managed to dramatically underperform the worst performing sector in the stock market.
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J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. He is a 10-year veteran and Market Technician who actively manages money incorporating Technical Analysis and Behavioral Finance into his practice. JC’s work has been featured regularly on CNBC, Fox Business, Bloomberg, Business News Network, Wall Street Journal and Yahoo Finance among many other financial media outlets. More...
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