Friday, September 27, 2013

Bank Of America (BAC): Taking A Position

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Entering Bank of America with 1/4 position @ $13.90. BAC 2013 eps $0.90 - 2014 $1.36 est with a forward p/e 10.22. Will add to position on further pullback.



13 comments:

itzstockchartz said...

added 1/4 position @ 13.65 on open

itzstockchartz said...

Looking to add 1/4 position around $13.70, based on Yellen appointment.

itzstockchartz said...

Placing STOP @ $14.14

itzstockchartz said...

Stop Hit $14.14 -13.65 = +$0.49 +3.6%

itzstockchartz said...

Re-entered 1/2 position $14.40 on earnings report

itzstockchartz said...

Looking to add on break above $14.51 (1/4 position)

itzstockchartz said...

added to position $14.51 (1/4) position

itzstockchartz said...

Place STOP @ $14.40 on entire position

itzstockchartz said...

Raising STOP to $14.50

itzstockchartz said...

Raise stop to $14.55 (cost basis $14.36)

itzstockchartz said...

stopped out $14.55 +1.3%

itzstockchartz said...

Taking a 1/2 position @ $14.45

itzstockchartz said...

Added to position on break above $15.00 - currently full position 1/2 @ $14.45 & 1/2 @ $15.00 Avg Cost $14.78...set stop @ $14.90