I'd suggest looking at prefereds these days, the liquidations in hedgies blowing up is massive.
but the ones in positive today.... MTB RF FITB BBT CFR.
KEY is very volatile.. but it holds buisness accounts for the most part.... I won't play it... because I hate the business practices.. and I suspect the buisness accounts my bolt and move to the bigger banks.... and the commercial loans are a concern... but not as much as the commercial loans
Wednesday, October 15, 2008
Regiona banks i TRACK
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Don't forget my favorite: HCBK!!
Up 8.5% today on good news-- they're flush with cash and making a profit:
"HCBK said third-quarter profit rose 64 percent to $121.9 million, or 25 cents per share, from $74.4 million, or 15 cents, a year earlier, as its home lending business thrived. Analysts expected profit of 24 cents per share."
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