BAC
Bank Of America Corp.
stock NYSE

Investors moving out of legacy stonks like JPM and BAC and moving into more secure assets like robinhood and tsla

Shit bank bulls crying too. BAC is up 5.5% this week, but the my calls are down 20% on a 5% pump. Horseshit....

There was, my obliterated BAC puts are proof of it

Legit think BAC is squeezing shorts, and I'm getting squeezed with them.

Had to quit selling on FRC. It's aged me 20 years. Going back to BAC

I like this PoV a lot.
What I was thinking as move funds these seeing stocks and invest (just the profits?) into core stocks that I plan to keep for long run. Ie DCA from swing stocks to core.
I am concerned that I maybe losing out on some of these stocks if I sell too soon like MELI NFLX and NvDA. MELI is the largest latin marketplace. (And I know marketplaces industry well) so want to keep investing there short term for additional positive swings.
NFLX - i genuinely live the company. And am having a hard time selling but I have also not reinvested in it so thats telling?
NVDA - plan was to keep long term but I also have not been investing in it and I could use these funds likely elsewhere.
I am significantly down in AMZ, CRWD, BAC and slightly down in VTI, AMD, WM etc. so could reinvest in these.

Guess I'm just going to keep my powder dry. All the top liquid IVR stocks are banks and I've already got exposure to that space through a BAC CC.
I'll just collect theta today.

I regret shorting BAC on Monday, jesus

Is BAC a long term buy right now?

Wow VIX almost at 19.
Extended my BAC, JPM, FAS positions yesterday. The panic seems to have subsided, and I'm betting that rather sooner than later, people will realized that these stocks are on sale, with a 20% discount or more.

All banks are pumping insane amounts. BAC has pretty much gapped up to undo a majority of yesterday.

During this correction in bank stocks I’m trying to decide which stock I should buy. I have about $2500 to work with. Im looking at GS, BAC, C, or JPM. What are your thoughts on those or any other ones I should look into?
Thank you and any advice is greatly appreciated.

Seems like you might be yield chasing a little. I would lose BAC because their customers hate them and they are known for shit customer service. AT&T has debt issues and you already have Verizon. Are you familiar with 3M's litigation issues? Something to be aware of. Good job in terms of sector diversification. I would lose PG though and maybe replace with Pepsi. In my opinion P&G are not ambitious enough with their money. Payout ratio is too high and they never make meaningful acquisitions.

Because it's a shit company that screws the little people while being "too big to fail." Add W-F to that list as well. Private banks should never have been allowed to get big enough to have this much power.
No idea what this has to do with apes, other than they somehow think that BAC failing would benefit a meme stock company.

BAC = bank of America? How'd you all figure that out?

 bought BAC calls this morning and got burned 

I hope no one here is buying these banks thinking they will snap back to their earlier highs. The only big bank from the GFC that reached its 07 highs was JP Morgan. BAC, C, WF are all well below where they traded in 2007.

My grandparents left all of us a little investment in BAC. Last year I sold mine and turned them into purple donuts.
I have been talking to them about the banks collapsing and how the whole financial system is on the edge of failure. So much that I told them not to but turkey on thanksgiving last year and instead buy non perishable items.
My sister is convinced BAC is too big to fail. What tools can I use to convince her that this train is about to fall of the rails! I have been sending her screen shots of cs news and citizens bank headlines. She thinks I’m crazy for believing so strongly in GameStop. Maybe I’m doing a bad job of painting her the correct picture.

I've just gotten off a successful road trip that was very good to us financially. For that reason, I'll be making a huge deposit on our SEP IRA's this week. Here's my dilemma. I have 3 options I want to throw the majority (75+%) into either A) increasing my EPD position or B) opening up positions in BAC or LEG. I'm usually fairly solid on these decisions, but I've been going back and forth on these three for the last couple of weeks. Each has its share of positives and negatives.
Added info. Self employed, 52, would like to continue working into my mid 60s, so 10-15 years time frame. My account is about 50/50 currently between good dividend payers and high volatility tech stocks, which I sell CC's on to help drive the dividend portion. I will be repositioning to 100% dividends over the next 10 years.

BAC weak