COF POSSIBLE FAT BEAR!
Virgil, you found another big bear dripping fat and begging for another round of PUTs lipo suction. COF was a growth rate of 23.6% with a P/E of 19.25. We will have to keep a close eye on this one and see if COF can pull up from here. Otherwise, it may be another 30 point drop to $63 support level.
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COF P/E OVERVALUED!
NYSE: (COF : $93 1/16) $6,190 million Market Cap at September 1, 1998 Ranks 720th in the Fortune 1,000 on Revenue & 456th on Profit. Employs 5,740. Trades at a 48% Premium PE Multiple of 23.6 X, vs. the 16.0 X average multiple at which the Financial Services SubIndustry is priced.
Capital One Financial Corp. (NYSE: COF) Last Trade 93 1/16 Change + 5 9/16 (+6.36%) Volume 1,255,600 Avg.Volume 492,000 Prev.Close 87 1/2 Open 89 7/16 Day Range 83 1/4 - 93 9/16
52-week range: 37 00 - 129 15/16
Date Close Change Day High Day Low Volume Sep 01 93 1/16 +5 9/16 +6.36% 93 9/16 83 1/4 1,255,600 Aug 31 87 1/2 -16 15/16 -16.22% 105 1/2 87 1,988,900 Aug 28 104 7/16 -3 -2.79% 108 100 1/4 1,485,100 Aug 27 107 7/16 -9 1/2 -8.12% 116 3/4 105 13/16 1,139,700 Aug 26 116 15/16 -2 7/16 -2.04% 118 5/8 116 11/16 340,700
COF INSIDER TRADING - FAT CATS RUNNING!
FINNERAN JOHN G JR O Disposed 1,277 $113.31 07/30/98 08/10/98 WILLEY DAVID M O Disposed 810 $112.25 07/27/98 08/10/98 F CONNELLY MARJORIE O Disposed 3,300 $115.50 07/24/98 08/10/98 S CONNELLY MARJORIE O Disposed 1,000 $115.75 07/24/98 08/10/98 S CONNELLY MARJORIE O Disposed 525 $116.00 07/24/98 08/10/98 S DONEHEY JAMES P O Disposed 1,000 $116.38 07/22/98 08/10/98 S DONEHEY JAMES P O Disposed 1,000 $116.44 07/22/98 08/10/98 S LIBERSON DENNIS H O Disposed 478 $120.72 07/21/98 08/10/98 F DONEHEY JAMES P O Disposed 571 $120.72 07/21/98 08/10/98 F DONEHEY JAMES P O Disposed 1,318 $120.72 07/21/98 08/10/98 F WILLEY DAVID M O Disposed 7,126 $121.71 07/21/98 08/10/98 S WILLEY DAVID M O Disposed 4,036 $121.71 07/21/98 08/10/98 S WILLEY DAVID M O Disposed 2,672 $121.71 07/21/98 08/10/98 ZINN JAMES M O Disposed 14,000 $121.71 07/21/98 08/10/98 CONNELLY MARJORIE O Disposed 354 $120.72 07/21/98 08/10/98 F CONNELLY MARJORIE O Disposed 817 $120.72 07/21/98 08/10/98 F |