may go lower still but already here it's very attractive buy. pays a decent dividend and as a bank it's safe play with not much more downside risk from here on...was long for months and got out @52 or so, now looking to get in again. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1553832>
thats right. its as cheap and if you plot a chart of the earnings grow over the decades, its just beatiful. the huge dividend is also great. I might very well buy it
what I want to know if the commodity bull is here to stay what will happen to bank and financial stocks. does anyone have data from the 70's on this
Or buy/write with aug47.5call at 1.10 bid (that's very rich prem for C). or sell aug45put at .50 to own it at a lower price if put.