Bank of America Issuing $18.8 Billion In Shares

Bank of America is issuing $18.8 billion in shares. The stock is trading up. I believe that is a mistake and the shares will eventually trade down. I shorted some shares at $16.63. I only shorted a small amount because the issuance will not be for a while.

1 comment:

Anonymous said...

Nice trade dawg. You go gurl.