Sold BAC in the premarket today at $14.80 after acquiring it at $13.87. After reading an article from marketwatch that they plan to raise 1.25 billion shares at $8.79.
Really have no trust at all, especially when they said yesterday that they planed to raise it through an ATM program. Will look into it next week, but for now I am locking in my gains.
Source: MarketWatch
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