With Bank Of America On The Verge Of Breaching $5.00, Our Question Of The Day Is...

Tyler Durden's picture

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FubarNation's picture

Boofat just has to make a call to the long legged mack daddy so he is cool.

redpill's picture

Hey Uncle Warren, want to exercise those $7.14 warrants?  Bahahahahaaha

 

By the way, did we ever find out who this was?

 

nope-1004's picture

BAC = cadaver held up with printed linen.

Good bye BAC!!

 

Dr. Richard Head's picture

I am waiting for Bathtubs at Berkshire to hit OnDemand.  Not worth seeing it in theaters.

slvrizgold's picture

+1000 That's an excellent youtube link nope-1004

CHECK IT OUT.    B of A is spamming internet and bashing PMs and PM advocates.    They can suck my big raging silver dick.   And guess what, its antimicrobial so it will kill all the germs in their dirty mouth.

Sunset chaser's picture

I hope it doesn't gap through $5 overnight. I want to see the trading action right around there.

It might be possible to push the market around here or there occasionally, but in the end the market is too big for any one person or entity, even in this day of extreme wealth distributions. All the kings horses and all the kings men might try to hold BAC above this crucial point, but in the end the technical situation suggest BAC might be headed towards a date with BAnkrupCy.

Deadpool's picture

glad I only own 26,925,000 to keep off the list....

Nothing To See Here's picture

Puts you right below Bear Stearns then. Wait, didnt they go bankrupt in 2008?

Future Tense's picture

I live in Charlotte (BAC headquarters) and just told my girlfriend that BAC is going under $5 on its way to zero.  She told me she would rather buy 7 snow man mugs that she was looking at online for $5 over a BAC share.  Maybe $1 will bring some buying power back in.

ucsbcanuck's picture

IPIC will save BAC.

http://www.bizjournals.com/charlotte/blog/bank_notes/2011/11/ipic-group-offers-to-buy-500-million.html

Failing that, there will be a new directive to stop naked shorting. You know it will happen soon. They can't allow BAC to drop below $5.

Messianic's picture

...And who the hell is IPIC?

gmrpeabody's picture

Idiot Pukes In Congress..., I guess.

Catflappo's picture

Not sure, but you can let them know they are filled at $6.00    -   may even be able to buy more there, and may even be able to sharpen the pencil oni their price for them

ucsbcanuck's picture

No clue - I was being sarcastic of course. 

UnderDeGun's picture

Internet Pwners Initiating Confusion

Doña K's picture

That's just so easy.

Do a 50/1 reverse split and everything is back to normal.

What's wrong? 

Freddie's picture

I would love to have one of those Black Monday $2 Chinese waffle irons.  I would toss it in Buffett's bath while he was bathing and thinking of new SCAMS. 

F***king evil old Democrat sh**t. 

DeadFred's picture

Tough choice green for the delightful imagery or red for thinking Democrats are much different from the other guys. Went for green.

MsCreant's picture

I'd just flush at this point, but it will clog things up horribly if I do so.

CPL's picture

Look at Apple.  All large blocks dumping it.

 

Rats leaving retail and pensions in the hard place.

SheepDog-One's picture

Everything I see going on, including the multiple articles from everywhere hyping QE, tells me the rats are desperate to dump and get the hell out.

CPL's picture

Same here, french, english, chinese, russian...all pointing the same direction.  Nobody on teh top end believes QE 3 is coming, they are just using MSM to give themselves a chance to get out of the way.

 

Big assed smoke screen. 

Spastica Rex's picture

What sudden catastrophic failure might look like:

http://www.youtube.com/watch?v=pKOYObwBZLc

Nothing To See Here's picture

I don't know why but that made me laugh really hard, thanks bud

Spastica Rex's picture

I don't think you've won quite yet, but I think you soon will.

However, I also think that lots of government funded "services" we take for granted will in the longer term disappear. Examples include the postal service, comprehensive public schooling, and public transportation. Whether that's good or bad is a matter of interpretation.

But yeah - you win.

kito's picture

shall i designate a drop off zone for my prize?

BigSkyBear's picture

Sounds like the Euro Fiasco...every day or two it is another rumor of a bailout to save the Eurozone.

 

"Sell the rumor...Buy the facts BITCHEZ!!!!"

madcuban's picture

It would just go into a septic system anyway and boil back up later after everyone pretends it is all gone and everything is ok.

1835jackson's picture

Feb 2012 put options bought months ago for $5 handle....BAC is SOL

redpill's picture

Five

Five doller

Five dollar big baannnnkkk

 

I think I'll have a sandwich instead.

CPL's picture

Even a five dollar footlong is 5.75 with tax.

nope-1004's picture

IN WARREN WE TRUST.  EVERYONE ELSE IS FAIR GAME TO STEAL FROM.

There... fixed it for ya!

 

kito's picture

question: has grandpa warren ever invested a billion dollars or more in a company that went belly up?

topcallingtroll's picture

Nope

And this one wont either. I am sure he was given an illegal promise of a government backstop. It is TBTF.

I AM A BUYER WITH A THREE HANDLE.

The Shootist's picture

How long have you been waiting to use this?! Lol, it's been a long, drawn out death.

hedgeless_horseman's picture

 

 

Considering the rate of return on the premium it hasn't been that long, and so one can afford to wait.

Potemkin Village Idiot's picture

He's BIG BANK HANK he'e everywhere!

aerojet's picture

Luckily, McD's still has a dollar menu, don't they?  You might some change with your cheeseburger and fries.

Sheriff Douchenik from AZ's picture

Dude - up here in Canada a small fries at Wendys (off the value menu) is up at $1.89. A brother like me (see my avatar) can't survive at prices like that.