NOVEMBER 21, 2008 (Dow 8046, up 494) - Would lighten up next week if the rally continues. Stocks will continue to be sold simply because as an asset class they are easiest to sell to meet obligations, like redemptions. Would not short the coals down here.
think the bank is a survivor after its quarterly report indicated it is profitable & is building capital - believe it will be able to buy up other banks that may now fail - would be a buyer after recent weakness - has a hefty 6% dividend yield - there has been significant insider buying
27.25
-11.61%
07/29/08
like it
30.02
-2.63%
08/12/08
is the cheapest of the "fortress banks" - should be bought aggressively right now
31.98
+3.73%
08/15/08
terrific here
30.65
-0.58%
09/04/08
is holding up well - support it
31.65
+2.66%
09/08/08
am reiterating a buy now that the government has nationalized Fannie (FNM) & Freddie (FRE)
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