Since BM opened his big mouth on 9/14/2026 about 3rd quarter warnings in performance, BAC opening was at $62.33. Since then BAC is currently at $50.07 at time of this post with yesterday's news U.S. Treasury giving penalties of $1.2 BILLION for anti-money laundering (AML) and sanctions law violations. While the company is losing money, how about giving severance packages now considering it will be cheaper to the eyes of the shareholders.
5 replies (most recent on top)
RSUs? i sell those bombs the nano-second they vest.
Rode this dog down to 15 and then to 3.
No, thank you. They've propped up this dog with so many accounting tricks and a low whisper number each quarter, so they can "beat" the made up number.
Hardly rocket science.
But now it's catching up to them (again), and here we go.
No reason to hold on to these RSUs, since you're financial wellness is already overweighted to this company with your salary.
Just sell and either invest the proceeds in a broadly diversified ETF.
or if you're set on betting on a single company, then at least pick a better managed one. Not this sycophant schlithole.
Or go buy a hot dog when the damn things vest. That's about what they're worth.
@gz History for the stock prices in the last 2 months speak for itself. Since March after getting vested shares from the Sharing Success Program, I have been looking at share price every week to plan on selling them. Look at the numbers and tell me that I am wrong especially that you are referencing the local news. Local news as your business source and you work at BofA???? Use a different reference. I also have a kid who has a MBA, and warned me to unload the stocks last Labor Day or else. Unfortunately, I did not listen.
@ar Totally agree. Local news started to report on the issue around 6:30pm....after the markets had closed. The OP apparently failed to notice that the stock price started a nose dive soon after, we are a global company.
The OP failed to get the TOTAL losses correct, they just mentioned the fien from one government agency.
Your statement makes zero sense
One would think this should happen but sadly they won’t.