"The movement in Bank of America stock on most days has nothing to do with Bank of America,"...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

"The movement in Bank of America stock on most days has nothing to do with Bank of America," says Joe Saluzzi as BAC's single-digit price and plethora of outstanding shares make it the flavor-of-the-month for the HFT crowd. BofA replaces old favorite Citigroup, now with too few shares and too high of a price thanks to its reverse split.