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Old 12-14-2023, 03:32 PM
 
4,415 posts, read 2,937,322 times
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Quote:
Originally Posted by Lowexpectations View Post
I didn’t give you an analytical model though

Also to be fair on 10/25 KEY stock was below where you made your call. it’s up 55% since that time
No but you told me how stupid and clueless I was because I didn’t have an analytical model. If you look at a 1 year chart my call was right at a range bound bottom.
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Old 12-14-2023, 04:04 PM
 
26,191 posts, read 21,568,036 times
Reputation: 22772
Quote:
Originally Posted by Berteau View Post
No but you told me how stupid and clueless I was because I didn’t have an analytical model. If you look at a 1 year chart my call was right at a range bound bottom.
I didn’t call you stupid and you were simply guessing without anything other than your feeling and look it’s made money so congrats. You could have made the same call 5 months later and it would have been. A better one, if you look at the chart your call was underwater 5 months after you started the thread and it’s turned around along with most everything else
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Old 12-14-2023, 04:06 PM
 
Location: Hawaii.
4,859 posts, read 450,201 times
Reputation: 1134
Stop it. What's your take on REGIONAL BANKS right now?
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Old 12-14-2023, 04:17 PM
 
4,415 posts, read 2,937,322 times
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Quote:
Originally Posted by sitonmywhat View Post
Stop it. What's your take on REGIONAL BANKS right now?
I don’t have a call on them now. Will likely sell if they go up much more. Its a lot easier to buy when they’re down 50%

Last edited by Berteau; 12-14-2023 at 05:10 PM..
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Old 12-14-2023, 04:31 PM
 
4,415 posts, read 2,937,322 times
Reputation: 6056
Quote:
Originally Posted by Lowexpectations View Post
I didn’t call you stupid and you were simply guessing without anything other than your feeling and look it’s made money so congrats. You could have made the same call 5 months later and it would have been. A better one, if you look at the chart your call was underwater 5 months after you started the thread and it’s turned around along with most everything else
Oh really. What did your “analytical models” tell you about regional banks?? More or less accurate than my guessing?
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Old 12-14-2023, 06:27 PM
 
Location: Bellevue
3,037 posts, read 3,304,919 times
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Quote:
Originally Posted by sitonmywhat View Post
Stop it. What's your take on REGIONAL BANKS right now?
Depends how much higher interest rates go.

Also depends what region they are in. A bank in California where people are leaving may be in trouble. If they have branches in Arizona or Nevada may not be so bad. Doubt if there are many one-state regional banks left.

Could be you have to carefully watch startup banks. Executives from a bought out bank start something new.

Probably have 3 truly National Banks that have office in 48 states, So they are not so vulnerable in one region of the country. In the long run they may have too many branches & ATM machines. Watch who rents space in grocery stores.

For some banks they pay high dividend yield for the price. Could be cheap way to buy into banking.
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Old 12-15-2023, 07:50 AM
 
4,415 posts, read 2,937,322 times
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Quote:
Originally Posted by sitonmywhat View Post
Stop it. What's your take on REGIONAL BANKS right now?
I sold all my regional bank stocks today FYI. Not saying they're going to crash but I need to take my gains and not be greedy. I could see a nice pullback from here, but stocks often do the opposite of what I predict.
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Old 12-15-2023, 08:53 AM
 
26,191 posts, read 21,568,036 times
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Quote:
Originally Posted by Berteau View Post
Oh really. What did your “analytical models” tell you about regional banks?? More or less accurate than my guessing?
I didn’t run any models so you and I were the same
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Old 12-15-2023, 08:55 AM
 
4,415 posts, read 2,937,322 times
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Quote:
Originally Posted by Lowexpectations View Post
I didn’t run any models so you and I were the same
We'll I'm hoping to use your patented special models to beat the market.
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Old 12-15-2023, 10:17 AM
 
26,191 posts, read 21,568,036 times
Reputation: 22772
Quote:
Originally Posted by Berteau View Post
We'll I'm hoping to use your patented special models to beat the market.
I didn’t offer anything to you so you can have fun making calls and seeing what happens. Hopes not a strategy though
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