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mercredi 13 juin 2012

THE PLAY OF THE DAY HBAN (Huntington Bancshares)

Very solid regional bank with more than 650 branches. It has resisted the storm, as of now, and could generate a good profit on the mid term.

Naturally any bad results in Greece this week-end could derail this one and most of the stocks but having nothing to do with Europe, this is one of the regional banks that could resist the most.

At the actual level, i would initaite a small position and add up more next week after the Greece election vote results.

As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.

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