NoFate

Pick Up Undervalued Financials - Barron's Interview

There has not been a recent deal that didn't dilute stock price. Either there were additional incentives or the stock was just sold below market price. When big players start picking financials at market price with no side deals I might believe its a bottom. They are just trying to stay solvent at the moment.

The other thing to watch is the ARM resets. The worst 6 months just started ...after more foreclosures we will see how bad their mark to model calculations really are. Until then you are bottom fishing in the dark (...don't grab a shark!).

Three words if you believe this article ..."Sold to YOU!"