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Bought some BAC a few days...back wanted to make sure I got some under 30 to feel good about it. The way I see it, if it continues to go down then good for the DRIP and if it goes lower in the twenties I'll keep snatching it up. This was a nibble and it is for a long, long term play (vide - investment). I'm concerned about the divi getting cut back, although trying to get in on a ~9% yield is worth that risk...again that risk isn't too great as its not a dividend positioning play. Plus, I'll got with the numbers - ie - dividend paid for 105 years, 20 consectutive dividend increases, etc. Appears to be healthy.
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