JP Morgan is the Fed's darling. Maybe they are shorting this overvalued stock with the backing of the US Federal Reserve. Sounds like something anyone would want to go long in huh? lol
Isn't JPM allowed to use the discount window and doesn't the FED tell the SEC what to do (ie which stocks cannot be shorted) This IS getting interesting. Is the Lumb up against a real player in the battle of plastic army men?