http://seekingalpha.com/article/312296-strategy-to-short-bank-o
"I recommend re-entering the short at the $4.98-4.95 range as the sell off
from panicked longs and mutual funds that are required to not own any stock
trading below $5 a share will trigger a large price decline. Once that point
comes, I will update readers when it's time to cover."
He didn't update though..lol
12/19/11 BAC touched 4.91
Nice blog. Very thoughtful. I will read more.