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lundi 24 octobre 2011

ALERT BPOP

Afeter an incredible volume of 54M shares traded on friday (average is around 10M shares) today has been somewhat difficult BUT it seems that finally some have read properly the last quarter results: THEY MADE NICE PROFIT.

Sure was less than last quarter but when you remove 1 time item and add special commercial loss provision of this quarter, well BPOP is in very very good shape.

With consolidation that will be coming in Puerto RIco (there are too many banks) this will only help BPOP.

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