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1 point   posted on 09/12/08
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Gekko
74%
+6.36%
 risk: aggressive

Would anyone buy a bank right now?


I'm waiting at least another quarter to start bargain hunting.

  Related to:  
MER Merrill Lynch & Co Inc
GS Goldman Sachs Group Inc The
C Citigroup Inc


Comments (5)

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loneranger   38%     1 point   commented 429 days ago reply

people were saying that it was low a week ago, a month ago, and 6 months ago

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loneranger   38%     1 point   commented 429 days ago reply

also these stocks are so volatile that if you sell a call you could well be giving up on all your potential gains

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Tom Allen   64%     -1 point   commented 438 days ago reply

The market is extremely volatile at the moment, I'm waiting for a while to see how the American economy responds to the Fannie/Freddie in the coming months

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flacoyaw   51%     1 point   commented 437 days ago reply

Yes! Especially when they "dip". I've been looking at BBT for a while and it looks good. It's held up very well(so far) and has very solid fundamentals.

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Locationh   61%     1 point   commented 436 days ago reply

YES. Buy low and sell high. In the meantime sell cc and buy a put to protect yourself.


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Merrill Lynch & Co Inc (MER)
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   This Quarter's Sentiment:
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Goldman Sachs Group Inc The (GS)
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   This Quarter's Sentiment:
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53.5%
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