Bought 300 shares of Bank of America at $5.70. This is by no means a long term investment right now. The company is under tremendous financial pressure for at least the next two quarters and may need more capital. This is more speculative. I said that I would buy BAC if it hit the $5 level. I am taking a chance that the stock is oversold. My position is very small with a cost of under 2,000 dollars.



