John Paulson has high hopes for Bank of America, Predicts $3 EPS
| November 19th, 2009 | ||
| Contributed by: Teri Buhl | ||
| John Paulson, the notable hedge fund guru and founder of Paulson & Co., has high hopes for his stake in Bank of America (NYSE: BAC). Paulson & Co., which purchased its position in BAC at an average of around $9.00 per share, is predicting that the bank will be racking up earnings of $3.00 per share by the end of 2011. To view Teri Buhl’s complete breaking story on DealBreaker.com, please click “Source” below. | ||
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Paulson & Co. |
Related People: Andrew Hoine;
Related Entities: Paulson Advantage Master Ltd;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Resources and Featured Partner News
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