Comments on: Selling my stake in Bank of America http://www.investortrip.com/selling-my-stake-in-bank-of-america/ Digest global markets, retirement investing, global ETFs, and currency trading news and analysis. Fri, 19 Mar 2010 22:15:41 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: john barlettahttp://www.investortrip.com/selling-my-stake-in-bank-of-america/comment-page-1/#comment-16270 john barletta Thu, 24 May 2007 19:48:23 +0000 http://www.investortrip.com/2006/12/01/selling-my-stake-in-bank-of-america/#comment-16270 Holding my stock in BAC, but I am no longer reinvesting the dividend. Holding my stock in BAC, but I am no longer reinvesting the dividend.

]]> By: Top Foreign Banks: Barclays PLC (BCS) - Investor Triphttp://www.investortrip.com/selling-my-stake-in-bank-of-america/comment-page-1/#comment-1258 Top Foreign Banks: Barclays PLC (BCS) - Investor Trip Fri, 16 Feb 2007 02:27:38 +0000 http://www.investortrip.com/2006/12/01/selling-my-stake-in-bank-of-america/#comment-1258 [...] When I axed shares of Bank of America (BAC) from my portfolio, I bought shares of Barclays PLC (BCS) as a foreign banking substitute. After watching the stock for a couple weeks, I entered my position at $50.88 back on September 12, 2006. [...] [...] When I axed shares of Bank of America (BAC) from my portfolio, I bought shares of Barclays PLC (BCS) as a foreign banking substitute. After watching the stock for a couple weeks, I entered my position at $50.88 back on September 12, 2006. [...]

]]> By: TJPhttp://www.investortrip.com/selling-my-stake-in-bank-of-america/comment-page-1/#comment-1209 TJP Sat, 10 Feb 2007 17:21:35 +0000 http://www.investortrip.com/2006/12/01/selling-my-stake-in-bank-of-america/#comment-1209 Good question. As you may already know, Bank of America is reaching the threshold of American Deposits they can control.The government sets limits on the total amount of deposit assets that one banking facility can hold. So, in short, Bank of America is running out of holding assets. That's why I sold off my position for shares of Barclay's Bank instead.I don't think it's idiocy, but I rather hold a growth banking stock over a value stock. Good question. As you may already know, Bank of America is reaching the threshold of American Deposits they can control.

The government sets limits on the total amount of deposit assets that one banking facility can hold. So, in short, Bank of America is running out of holding assets. That’s why I sold off my position for shares of Barclay’s Bank instead.

I don’t think it’s idiocy, but I rather hold a growth banking stock over a value stock.

]]> By: Dane Foxhttp://www.investortrip.com/selling-my-stake-in-bank-of-america/comment-page-1/#comment-1207 Dane Fox Sat, 10 Feb 2007 16:01:08 +0000 http://www.investortrip.com/2006/12/01/selling-my-stake-in-bank-of-america/#comment-1207 Why would anyone who wasnt desperate sell a stock that is 10 x earnings and paying a 4 1/2 % dividend. It borders on idiocy. Why would anyone who wasnt desperate sell a stock that is 10 x earnings and paying a 4 1/2 % dividend. It borders on idiocy.

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