Get Ready to Short Bank Shares?

Treasury is selling Bank shares obtained through TARP, which is the reason for the pump:
1. Bank Test;
2. dividends;
3. Media campaign;
4. Economy is "recovering";
5. Ben talk
...
Recall Banks were allowed to do MTM game to hide their bad loans. some fools are going to get inflated bank shares. LOL

 

BAC looks like a missile firing off a launch pad. Its flight path has been very strong. I hope you were long........

 

It is the pump phase; wait for dump in a few days.

 

Could be true. It's gone so high so fast I dumped my shares at the top of the channel, 9.77 right before the close.

That was a serious run. I doubt it's over.

 

Think the Fed is trading against thier clients?