Bank of America Corp (BAC)

[Equitiesduke]

Agree BAC is a big disappointment as are the financials, but with all fundamentals as good as they are we see this sector getting back where it should be once this "trade imbalance" concern goes away. This is one of the most manipulated Stocks on NYSE and for good reason. A cheap price for a strong stock is a recipe for shorting, then buying, shorting, buying, and on and on. You see , ANY block holder gets a .03 cent per share per trade regardless of direction of the trade.Then there is the spread to deal with.
A "market order" can really damage one's profit IF one make a market order.
Even in some instances a "limit order" can be manipulated a bit by a broker. In HFT trading the brokers sell the order to a HFT exchange, and do so faster than the eye can blink,..really. HFT exchange pays the broker the .03 cents per share, exchange makes a profit in the spread, and the retail trader gets screwed!Yes, a broker can and some do trade against their own client. Hope you do much DD on MU , however, good potential there, but always consider the "RTR" ratio. That is, risk to reward ratio.
GLWYT.