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8 pts

Opinion on Regions Financial Corp. (RF) Sector: Financial > Industry: Regional Banks
they can't save the income statement

Oct 24, 2008 01:24 PM GMT

utopius

Return	Risk
+9.51%	HIGH

Sr. Associate

Profile & Performance

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Going to be rough-going for regional banks, especially those that made big acquisitions at the top of the bubble (similar to Wachovia's Golden West purchase) who still have to deal with balance sheet issues in the new "bailout" era. Even if bullish on "the saviour" (Paulson), no one really wants more loans and debt, so origination should be quite a problem for regional banks. Wells might be a long-- some day-- if anyone is looking for banking long exposure.

RF: This call was made on 10/24/08 @ $8.0

Rating:	$8.0 (10/24/08)
Gain/Loss:	+40.62% in 380 days
Target:	$1.50 (-81.25%) in > one year

Comments (1)

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Locationh

61%

1 point commented 380 days ago reply

Long is right. A risky call but for pocket change it may be worth it.

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llappy

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10/24/2008

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Opinion on Regions Financial Corp. (RF) Sector: Financial > Industry: Regional Banks they can't save the income statement

Opinion on Regions Financial Corp. (RF) Sector: Financial > Industry: Regional Banks
they can't save the income statement