Good morning,Looks like the shorts are driving BAC down down down, but besides the shorts, anyone know why the marketmakers are letting BAC go down this morning?Yes we know about how the markets are being pumped up because of TWIST, ZIRP, cheap fed money, but what's going on with BAC since earnings were released last Thursday?anyone (besides the allpowerful shorts)?
Any more green days left for BAC?????????????
Net Tangible Assets way up - hehehe
Not shorts. Just sellers. Why? Maybe a decline of 68% on the balance sheet has something to with it.
This is an example of me repeating myself. again
Dont worry. They shorted BAC but will buy back at the end of the day!
It's going down because it didn't go up. Then it will go up because it didn't go down any more.
Or in other words, they shorted the hell out of this thing down and then covered using the shares of the stops that got tripped. Now they are done shorting but people are too timid to buy and so it is drifting down a little.
Investors are looking at BAC income and tell themselves what? Only $.62 income which may be missed like Q1 then pull sell trigger.