Bought Comerica Bank
Today, the Value Investment Fund took advantage of the chaos in the banking industry and purchased 1,200 shares of Comerica Bank after the the share price dropped below $30 per share. Purchase occurred at 10:15 AM. Total cash requirement including the $1 fee per share was $37,188.00. The Fund used it’s margin account to purchase this investment. The Fund will resell at $50.00 per share.
Comerica Bank is one of the Value Investment Fund potential investments within the Banking Pool. Act on Knowledge.
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