Regal-Beloit Corp. (RBC)
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Pain in the Heartland: National City Bank [view article]
I have read that National City has a class action lawsuit against them for squandering shareholders stock money. ERISA protects investors to some extent. Is this true and can shareholders recoup some of the losses they suffered? ReplyReason
Pain in the Heartland: National City Bank [view article]
While this is a well written and balanced piece it seems like just another one too many watch out, watch out the sky is falling critque of the banking sector. I find more positive outlooks on transcripts of suicide prevention lines and that from the people calling in saying they are going to end it all.It seems some think things by Labor Day will see bread lines and soup kitchens of the 1930's return, unemployment up to 40%, and 90% of the nation's banks boared up and the DOW hoving near 5000.
All the gloom and doom seems more like bears trying to shake out small investors so they can pounce. Reply
Pain in the Heartland: National City Bank [view article]
NCC management are the most ostrich of the group. They had their heads in the clouds instead and kept on saying how things were so great with their loans all summer long and now look where they are! Nobody believed them on the Yahoo message board except a few paid pumpers but now look at the stock price! ReplyEditors
General Discussion on RBC
Is this a buy or a sell? Reply