From Zero Hedge:
800 million shares priced at $10 a pop. Very timely upgrade by Goldman Sachs yesterday.
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Crux note: A couple of months ago this stock was below $5, but now investors are pouring into a secondary offering at $10... Have things really changed that much?
More on BofA and the great heist:
Bank of America needs $34 billion to survive
Bank of America, Citi fail stress test; need billions more
Wall Street legend Jim Chanos: Banks just pulled off one of the greatest heists of all time