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Bank stocks are among premarket gainers now that investors have some clarity about the final...

Bank stocks are among premarket gainers now that investors have some clarity about the final version of financial reform legislation. Rochdale's Dick Bove sums up Street sentiment: "The banks can get around this stuff. Banks are not going to suffer here." He predicts a short-term bank stock rally: "Now the government has to go out and support the industry, because they said they fixed it."
Comments (3)
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    Who keeps allowing Bove to have a pulpit besides CNBC?
    25 Jun 2010, 09:17 AM Reply Like
  • Paul Nelson
    , contributor
    Comments (225) | Send Message
     
    Who would make an investment based on Bove's opinion? Track record on when and what to buy is a little dubious.
    25 Jun 2010, 09:24 AM Reply Like
  • gretel
    , contributor
    Comments (305) | Send Message
     
    Everything will be just fine, the Crooks at GS and Co got there way and there employees with the title Congressmen-Senators will get there CHECKS too !
    25 Jun 2010, 08:50 PM Reply Like
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