Are These the Wrong Reasons to Hate Bank of America?

Banking analyst Mike Mayo has been bearish on Bank of America (NYSE: BAC  ) for quite some time now – but is the criticism justified? In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson look at some of the comments made by Mayo and also tell viewers why Ellington Residential Mortgage REIT (NYSE: EARN  ) is flying high today.

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  • Report this Comment On November 13, 2013, at 8:55 PM, Rusty56 wrote:

    Of course Mayonnaise is down on the bank. It's only up 70% since he said "sell" He' a frickin worm plain and simple.

  • Report this Comment On November 13, 2013, at 9:12 PM, Rusty56 wrote:

    Another thought, how could mayonnaise think Citi is so great and yet be so down on B of A?? Seriously, what is he snorting? Nothing wrong with Citi but based upon what I'm seeing BAC is growing faster tha Citi. Maybe not as many legal issues but these will pass in time. Jamie needs to put this pompus ass in his place again. Brian has too much class for that, hr should just ignore this pompus ass.

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Related Tickers

9/29/2016 1:06 PM
BAC $15.22 Down -0.16 -1.04%
Bank of America CAPS Rating: ****
EARN $12.89 Down -0.13 -1.00%
Ellington Resident… CAPS Rating: No stars