Replies to post #19089 on Bank of America Corp (BAC)

[The Pup]

It should, but doubtful!
BAC is in total "control" of HFT trading. 13 HFT exchanges make .05-.08 or more, depending on the spread they can get per share per trade regardless of direction, ...and so do the brokers and hedge funds KEEPING BAC in this "channel". Works well for everyone EXCEPT the retail investor!The only way to stop this B/S is to DEMAND this stop with a NEW UPTICK RULE to stop the constant shorting which keeps the share price in the channel. This and /or a special tax on shorting, and an added limit on the number of shares that can be shorted.Remember, shares that are shorted must be "borrowed" from another account. This is laughable as we have seen "numbered accounts" within the same brokers "loaning" shares to another broker within to short. Everyone makes $$$$ EXCEPT the retail investor!! The politicians do not want to change the system as they have their $$$$ in the same places that do exactly this to the retail investor.BAC really has been a horrific performer,..either way , BAC MUST either break up or do a massive buy back immediately. Problem there is Dodd- Frank, The worthless FEd, and much more inside The Beltway. You decide.