Tuesday, December 21, 2010

Assange says It Is Bank of America

AFP reports:

...In an interview with The Times on Tuesday, ...Assange also confirmed that WikiLeaks was holding a vast amount of material about Bank of America which it intends to release early next year.

I was secretly hoping that the "bank" he's been talking about was the Federal Reserve Bank of New York. I'll have to wait for Ron Paul to attack that bank...

Shares of Bank of America (symbol: BAC), which has been under pressure since the rumor spread that it was the next target of WikiLeaks, ended at $13.07 in after-hour trading.

(For traders, it was, I believe, a technical breakout from the double-bottom pattern, with the target price of $14.56. For more, see my TA blog. I'm not recommending anything here, and BAC would be the last thing I want to trade.)


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