Seeking Alpha
  • Justin M. Hall
    10/29/11 1:55 A ET: NEXT BIG MOVE = BANKS. We own BAC & FAS & prefer those plays. LATE NOV 2011 CATALYST PENDING.
    10/29/11
    Reply (5)
    • Justin M. Hall: BANKS ARE LIKELY TO SETTLE WITH STATE AGs IN LATE NOVEMBER 2011 FOR $25 B.
      10/29/11
    • Justin M. Hall: BAC alone has already allocated $25B for such claims. So, this settlement is a likely to be a huge break for US banks.
      10/29/11
    • Justin M. Hall: Expect bank stocks like BAC & FAS to continue their climb higher from here. FYI: BAC was best performer in October +13%. Hint: Buy BAC.
      10/29/11
    • golfitobob: JMH,was thinking of u as market powered higher BAC was nice,but,all Bks up same%.FAS up 2Xs banks.BAC best in Oct,but,worst 10 prev months
      10/29/11
    • Tom Guttenberger: Thanks for the heads-up regarding the (ridiculous) legal charges JMH. I still think COF is the bank to own, leadership there is tremendous.
      10/29/11