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Registered
Join Date: Apr 2006
Location: GR, West Michigan
Posts: 266
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Will Bank Stocks hit bottom and begin to climb soon??
Are any of the financials near bottom or is there a long dark night ahead?
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Andy D. Currently driving 2005 Audi A4 Currently driving 2006 Ram 1500 sometimes |
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07-14-2008, 04:30 PM
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Dog-faced pony soldier
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Define "soon".
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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07-14-2008, 04:32 PM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Everyone says no.....so yes.
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Cornpoppin' Pony Soldier |
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07-14-2008, 04:32 PM
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Registered
Join Date: Apr 2006
Location: GR, West Michigan
Posts: 266
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I'm thinking smaller regional banks and a time frame of now to the end of the year
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Andy D. Currently driving 2005 Audi A4 Currently driving 2006 Ram 1500 sometimes |
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07-14-2008, 04:38 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,568
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If you're considering this move, I'd suggest you do some homework. ALL banks are taking a hit on their stock price because of the mortgage meltdown. But not ALL banks are holding tons of bad paper...some were conservative home lenders not taking huge risks.
This is what I mean by doing some homework. Many smaller local banks have perfectly sound records in this regard.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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07-14-2008, 04:40 PM
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