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Strategies & Market Trends : BAK - Investing -- Ignore unavailable to you. Want to Upgrade?

To: batman10023 who wrote (335)3/1/2012 5:48:40 PM
From: Spin.  Read Replies (1) | Respond to of 3249
 
re what do you think CASH is worth?

Less than I used to but more than its trading for.

I think the larger threat is large issuers will buy smaller banks and integrate vertically so -ve for cash. And Large programs eg gov will go with ubs/wfc.

My hope cash can stay a niche profitable player and get iadvance back + earn jucy spread on float in the future but that may all be wish-n-hoping.

Thankful capital raise wasn't forced on them at the lows.



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