Remember one day last week when for no apparent reason the volume of SNV shares traded jumped to 25 million plus. One can easily speculate good ol BoA just may have leaked the coming upgrade to some friends. Ah well that's the way the game is played every day. By the way, HARP is an instrument and TARP is a Traditionally Applied Ruin Platform. Or something like that!
This is possible But according to Analyst with Credit Suisse, Mgmt. near term focus is on Tarp repayment in 3Q13. Then their focus will be on acquiring smaller Banks in the SE Region. Which is what they were doing before the home lending fiasco began.