GKM

Bank Stocks Down 11.56% Yesterday

Don't give us that BS about "why buy when the shorts will be back". No one is buying because there is no known value in these stocks and the weak shorts have been taken out. Having shorts creates buying interest in case you aren't aware. Give us some info about the amount of the short interest in these companies and how much that changed between last week and the week before.

Alternatively, go look at the 1932 witch hunt against the shorts only to have the market continue to meltdown for several months after the fact. Why? Because there were no buyers left and stocks simply hadn't found their level.