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Bank of America Should Fear Dumb Money

By David Hanson and Matt Koppenheffer - Apr 9, 2013 at 12:36PM

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After its huge gains over the past 15 months, it seems like everyone is jumping on the B of A bandwagon.

Investors that held onto their Bank of America (BAC -0.08%) shares over the past 15 months are undoubtedly pleased. The stock is up more than 111%, and optimism around the stock is reaching new heights. While still trading well below book value, some may be wondering if the shares have been bid up by feared "dumb money" from careless investors.

In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer discuss whether or not investors are ignoring the potential downside of an investment in the Charlotte, NC-based megabank. 

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Bank of America Corporation Stock Quote
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$35.62 (-0.08%) $0.03

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