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

To: Spekulatius who wrote (60401)	2/17/2018 1:34:01 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78702

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.