Frequent readers of this blog will know that I have been long Bank of America (BAC) since the stock plummeted in 2009. I used the market weakness of yesterday to buy more shares of Bank of America. The stock dropped to $13.04 in the after hours market. I always use weakness to add to my position. Bank earnings may take a hit but I still believe that the stock is trading at a huge discount based on the earnings power of BofA.
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