Bank of America Corp (BAC)

[YazM]

Short interest will always remain high with this one especially as of late. Short traders like myself (not all the time with my trades on tickers but most of them) jump in and out of stocks that have outperformed the market as this one has. Don't get me wrong; I've been trading this ticker since it was in the $5.00 range years back so it's grown on me to play it both ways. As for your question, I would expect a serious pullback in the next month or two. Today was just to show how easily this can go down just as fast as it went up today. Shorts always group together and when the momentum builds here it's a sure thing that they always win. Very shaky market with this one so if you're playing heavy keep an eye on it.