The HF wanted this down and down quick. We closed a little higher than they would have liked $5.86 on Friday but in pre-market were are back down to where we were for awhile before the recent run up starting on 9-4. The shorts allow the run up to attract suckers and I do mean suckers. Right before they have to cover they pay B of A to downgrade the stock so they can get out on the downswing which is less painful. Where was the $11 target last Friday to conflict the $4 downgrade? All part of the major plan. Now they want you to forget about the downgrade since they have their shares and a fresh couple of weeks to work with. Rince and repeat as necessary to screw the average Joe.
You know, the 'average joe' is only screwed in this if they actually listen to the BoA #$%$ and sell their shares. Hold'em and you have no problem. who cares if it goes down a bit here and there. HOLD'EM!