BAC and JPM Look Tasty

In my blind pursuit of more Visa (V) shares I sure didn’t pay attention to what was happening and is happening right under my nose. As you know I own 3 shares of Bank of America (BAC) and 2 shares of JP Morgan (JPM) and for the longest time I’ve wanted to get rid of them because I simply don’t own enough of them to make a difference, or so I thought.

But it finally hit me, banks are going through a lot and as a result there is a lot of volatility with their stocks. They have been having wild swings, up a bunch one day and down a bunch the next and I am just missing an opportunity to make a buck, yes I am in it to make a buck just like everybody else, with these stocks.

My plan, and that is all it is right now, is very simple. Buy one or both stocks preferably when they are low of course and wait for a wild swing and sell when they are high, simple indeed. It seems that these two ugly ducklings that I have bad mouthed before are not that at all, they are diamonds in the rough just waiting for me and you to make some money out of them. Now all I need is some extra cash and believe me the more I think about it the more I want to do it.