Archive for October 8th, 2008

VOLUME SURGE: Killing Financials Selling Stock

This morning we are seeing two key financiall stocks getting hacked despite the global rate cuts. Bank of America (BAC) is getting hit hard after pricing 455 million shares at $22.00.  That was alreadu a sharp discount and after a massive market tank. MetLife (MET) is also getting hacked this morning after it pre-announced lower [...]