Matthew Rafat

Colonial Bancgroup: Sell or Hold?

User 227819, I am not a licensed securities broker (no series 7, 63, or 66) and have no formal training in accounting or finance, so I do not recommend anyone follow my picks or rely on my writing. I am glad, however, that you seem to have made a very well-timed purchase. I liquidated my position in CNB today (July 17, 2008). I thank you for reading about my economic journey, and I wish you the best in the future!

Well-Capitalized Regional Banks: The Bottom Is In

First, thank you to "ndallasj" for his careful correction. He is absolutely correct. I will change that line in my own blog. It is refreshing to see someone taking the time to make an objective correction.

I also want to point out I published the article yesterday, and today, FHN and CNB are up around 20%. So I suppose I was correct in calling at least a short-term bottom.