dart energy - ouch!! how low can it go?, page-28

No one will ever work out the intent, however I suspect their are some players trying to break some hedge funds in submission.

BOA activity in this instance is taking borrowed stock from Mathews Capital as collateral to cover their loans.

Mathews Captial imo is being squeezed not just in this stock but other holding they have. This downturn is putting the pressure on them as much as it is putting the pressure on us.

Eventually someone will inherit a massive holding at very cheap prices, their return horizon is probably 3 years+ so time is on their side.

Meanwhile you and I will get squeezed until we too will finally give up. Then when they are ready the SP will rise unopposed.

Brutal but effective is how I see it.

I hate seeing it but either you beleive in the end result or you bail out.