Too many lawsuits, too much hanging over the company at every turn. Every time something is resolved for the company, another lawsuit springs up. Throw in a few judges that have an axe to grind and investors run for the hills over the uncertainty. If every time BofA settles a suit and there's going to be an appeal or it's taken to a higher court..this could go on for years. Meanwhile, my Ford is selling cars like crazy, hitting 52 week highs and my mindset is to just switch it out.
I'm not going to sit around waiting for a judge to decide the fate for the share price, whuich is exactly what is happening right now.