Quote:
Originally Posted by woj
and so why didn't you short?
|
Nobody in their right mind would short a bank that we all know will get bailed out if things get a lot worse. If things don't get bad enough, we'll still get stories about an impending "solution" that will drive the stock back up again so its the same old story. If there is a settlement with the US, the stock will go up again so don't be surprised.
It's too big to fail.