SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (60401)2/17/2018 1:34:01 PM
From: Paul Senior  Read Replies (1) of 78748
 
Regarding regional bank stocks,

I recently started a position in HOMB after reading what seems to me to be a positive article on it from Motley Fool, tucked in here: finance.yahoo.com.

Also, fwiw, this week I gave up and sold my position in NYCB, the bank that's very strong in NYC multi-family dwellings. Company cut div from $1 to $.68 about 2015, and has not recovered. And now my patience is gone. Dividend, under 5%, is just not attractive enough now for me to hold on.

Regarding money-center banks and super-regionals -- I still have my basket. I have significantly sold down WFC though, given the recent government fine.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext