mmmmgus.Pointless excerise, as BOA activities are not...

mmmmgus.

Pointless excerise, as BOA activities are not transparent, but the borrowing and returning of block shares has been going on for quite some time. Trawl through PLA threads it has been discussed over and over, then check the SP reaction on each occasion.

BOA has been doing this between the two ML entities not for amusement purposes, but more for a long/short strategy, mostly short.

Imo there will come a point where their break even point will be in range. They then will solicit the market for suitors to take over their position.

BOA has been been in damage control and are still in damage from a bad investment. Retail punters are underwater, but they will extract themeselves from this investment better than any retail investor.