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

To: Spekulatius who wrote (52511)	10/16/2013 2:57:13 PM
From: 56Chevy	Respond to of 78745

Every bank story is different... and presents different opportunities. I like CFIS better too....but only as a buy-out target. Along with ACFC and BCBF...same thing. But... I like JAXB as a bank to own and hold long term. Forget about the little stuff...it's not insurmountable ... and look at what they'll do once they put that $55MM dollars to work. Throw down that magnifying glass looking for itty bitty flaws...take 50 steps back... and look at the BIG picture here. Think like a $50MM dollar investor ...not a hundred dollar trader. When was the last time you were offered the same price to buy something that a guy with $50MM to spend got? Either the guy with the $50MM got royally screwed... or the retail investor turning up his nose at a sweet equal opportunity doesn't recognize what he's looking at. Which is it? When you sell 100MM shares for fifty cents each the new book value is fifty cent each. ok. And if it happens to dip below fifty cents...great!...you more Mr. Investor...you buy more! Did I mention Mr. Market had JAXB shares priced at $1.50 before Johnny Retail was made the same sweet offer? The bank just threw Johnny a bone ...and Johnny is gonna turn his nose up about it? really? If trades are what you want... then buy CIBH on the dips... and sell it just before earnings season every 3 months. Rinse and repeat. Banks are money machines. And any banks that have survived this recession to this point are the strongest ones. 98% of the weakest ones have allready been thinned from the herd. Yes you have to be selective...no question...there are some serious regualtions coming in Jan/2015 that will force some banks' hands....but don't apply the same dynamics to every bank situation. The opportunities come in different flavors with each bank. make sense? ;)