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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?

To: damainman who wrote (17)2/22/2009 12:24:40 PM
From: Road Walker  Read Replies (1) | Respond to of 1428
 
Those preferred positions are not as liquid- they take awhile to unwind. In other words, not ideal for daytrading. Still, the yields are impressive and if they take nationalization further off the picture I anticipate them to do better than the common short term.

I'm pushing 60 and looking for more yield investments. Hell of a risk... but hell of a reward if the world as we know it doesn't end. And if it does....



To: damainman who wrote (17)2/22/2009 5:23:17 PM
From: tejek  Read Replies (1) | Respond to of 1428
 
Do you know what their symbols are...for BAC and WFC?



To: damainman who wrote (17)2/23/2009 9:00:34 AM
From: damainman  Read Replies (1) | Respond to of 1428
 
BAC common up 18% premarket- the preferreds gonna be hard pressed to keep up!


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