HBOS down again

HBOS shares have fallen around 38% this morning, I am of the opinion that this is the result of speculators who see the prospect of making money by selling the shares short. There are a lot of financial organisations who need to make some money from trading and selling HBOS looks like a dead cert. Not good for HBOS or its shareholders or its customers, let's not forget that the government have still not raised the deposit guarantee scheme limit as they promised. A broken Labour promise, who would have thought it?