Profit Fan

C&F Financial: Time For Some Humble Pie

The portfolio is up and I've been finding a lot of solid opportunities despite the level of the markets but, I wanted to stop and look back at one of my worst calls to see exactly what went wrong and if there's anything we can learn from it. With that said, this article will focus on C&F Financial Corp. (NASDAQ:CFFI).

The Opportunity

Before I get into the details, it's good to remember that over the last year, regional banks were making a very strong comeback and most of the higher valuations were going to the ones that were 1) cleaning up their portfolios, 2) looking to acquire and 3) bringing in strong returns. And, in regards to those...

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