Bank Of America Entering Free-Fall Mode

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Bank of America BAC shares are now down better than 7% and are starting to free-fall, just like in 2008. The stock is dangerously close to making a new 52-week low, and CDS on the bank's debt has blown out to near 2008 levels. Volume has been massive again today with more than 300 million BAC shares trading hands.
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BACBank of America Corp
$39.73-4.04%

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