Saturday, April 4, 2026 
Bank of America Makes History That Rhymes With Dynegy
Remember that? Dynegy (DYN) was going to save Enron. Until they didn’t! Then what? Enron became a nice little drill bit trading over with the rest of the pinkies for 1/8. Or 1/4. Or 3/8. Whatever.
And Dynegy. How did that trade after they couldn’t buy Enron?
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When Bank of America (BAC) can’t save Merrill (MER), their share price will suffer the same way Dynegy did.
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Peace
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Comment by Trader Mike — September 16, 2008 @ 8:04 am
[...] of America’s (BAC) news isn’t being accepted well by the markets. I wrote about Bank of America back in September. Nothing has changed. They are still making history, and it still [...]
Pingback by Bank of America | Trade the Picture — January 15, 2009 @ 7:53 am
[...] clear has now been officially leaked and a spokesperson from $BAC has declined comment. $BAC sealed their fate when they bought Merrill. Once Gambler’s ruin has ensued, there is no escape. The mathematics [...]
Pingback by Officially Leaked - BAC needs $34 Billion | Trade the Picture — May 5, 2009 @ 8:46 pm
[...] the merger was announced, I suggested the deal resembled Enron’s attempt to be rescued by [...]
Pingback by US House Committee Subpoenas Federal Reserve | Trade the Picture — July 20, 2009 @ 7:24 am
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