Jim Cramer Still Owns Bank of America For His Charitable Trust

Well, I guess you have to give Cramer some credit, he's willing to suffer and endure pain, as he's still holding on to Bank of America's stock even though it's down to the $6 level and the most hated bank stock in the entire stock market. Actually, it's perhaps the most hated company/stock in the world. Cramer has said buying of Bank of America's stock is one of his worst investing decisions he's made in his entire career. However, when the stock drops nearly 50% in just three months, going from $10 a share to a 52 week low of $5.13

Continue reading...

Tagged bank of america, enduring pain, holding on, jim cramer