Regional Banks' Dreadful Q2 Earnings: How Bad Will It Be? [View article]
Regions Bank (RF) is without a doubt the worst performing regional bank and maybe the worst performing bank that has yet to file Chapter 11 or be bought out....these redneck Alabama executives have leveraged the entire company into defaulted Florida commercial real estate...it is time they pay for it....Dowd Ritter is an idiot.....
Do Vulcan's Managers Know What They're Doing? [View article]
I agree with your case although if you notice what is going on with the stimulus package right now, the GOP is not going to allow the stimulus bill to pass unless the amount of $$$ designated for infrastructure is raised. It should not suprise anyone that the Democratic party intend to cram every left-wing policy into the bill despite its economic impact. Just wait and see...many of the lobbyists for the construction and industrial companies are GOP constituents who will not allow the bill to pass unless companies like VMC get their fair share. After all it is their companies that provide the most short term jobs. We are only a few months away from the housing bottom so I wouldn't recommend shorting VMC...
Oil ETFs and ETNs: More Complicated Than You Think [View article]
Yes I bought OIL in early January and held for a while but had to let go as it continues to get beaten down. I also don't think any regulating body such as OPEC can alter the prices that much. Clearly, the demand has gone down. I also think that there was a bit of price gouging going on in summer of 2008. People in Atlanta acted as if we were on the brink but no one was paying attention to the fact that OPEC was already starting to lower production to cope with demand.
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Latest | Highest ratedRegional Banks' Dreadful Q2 Earnings: How Bad Will It Be? [View article]
disclosure --- no position
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