whenever BOA is mentioned it seems to refer to their "rehypothication rights as prime broker" on the holder announcements. found a definition of this below
from what i read this means that some third party is passing shares in red to BOA as collateral for credit, then BOA lends them elsewhere for their own purposes, or something along those lines. Not sure if that indicates BOA actually support RED, although i guess in accepting the shares in return for giving credit i guesd that shows they also see no significant downsude in the near future. Anyone have a better explanation of what this hypothawhatever thing means relating to boa??
RED Price at posting:
$1.85 Sentiment: None Disclosure: Held