Very interesting bank. No exposure to Europe and getting stronger and stronger. Only dark cloud at this time is the fact they they will issue aabout 150M shares to repay TARP but because it has been approved, it is almost a sign that the US agency confirm that the bank is now solid as a rock.
So this is a perfect play on the next down dip. I will get in at around 6,49$ and exit at 6,98$ for a great 9% profit.
As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any other stock.
So this is a perfect play on the next down dip. I will get in at around 6,49$ and exit at 6,98$ for a great 9% profit.
As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any other stock.
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