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Thursday, 07/13/2017 7:23:38 AM

Thursday, July 13, 2017 7:23:38 AM

Post# of 22499
This is really "frying" many of us!
BAC STILL in the TOP 10 of the most shorted stocks on NYSE! Yes, the number looks like "peeing in the Ocean compared to number of shares in the float but it IS adversely affecting Share Price. Resistance level has become a "target" at which point to short by big institutions!
Should be some level of control by SEC as to how many shares of any stock can be shorted, or tax the number above a certain level, etc., etc.
BAC PPS will stay here for another 10 years at this buy back rate. Why, cheap price=easy to "control" the Stock!

GL.
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