This is time to be kind to Shortys. They're losing their entire profolio and soon their homes and kids educational monies. I know we have tried to help them with the right moves, but some people just don't understand the risks and listens to the wrong people.
The shorts are asking for it. The bank is leaning out rapidly and loan growth is accelerating. #$%$ Bove is right on this one. I think the 2015 $12 calls @ $3.30 are a freaking bargain ~ an easy double.