Shares of Bank of America dropped to $5.03 today, a new 52 week low. The bigger worry though is: will this be something we’re going to be saying for the ensuing weeks to come? Will Bank of America continue to slide lower and lower each day? Will Bank of America go from a $5 handle to $4 to God for bide a $3? Will the Too Big To Fail bank finally fail? If it does continuing to fall it can’t be good for the entire financial sector. Here’s a ten year chart for Bank of America’s stock. It’s been a sad run for Bank of America share holders the past three years.
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