Profit Fan
Value

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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details