BlackRock Looking For Partner To Buy Bank Of America (BAC, BLK)

by Benzinga Staff
October 22, 2010 2:38 PM | 23 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

In what could potentially be the biggest news of 2010, Charlie Gasparino has just said on Fox Business Network that Blackrock (NYSE: BLK) CEO Larry Fink has begun looking for a partner to buy 35% of Bank of America (NYSE: BAC).Blackrock currently owns around 5.3% of Bank of America. In an interesting note, Bank of America also owns 34% of Blackrock, thanks to its acquisition of Merrill Lynch.More on this as it comes.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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