As I wrote in a previous post, the financial sector has been hit hard by the sub-prime debacle, CDOs and other risky credit ventures. Unfortunately, many smaller bank stock prices in this sector have tanked along with the sector, even though they have absolutely no sub-prime exposure. I believe this presents a great buying opportunity [...]
Looks like the financials market has been taking a beating the last couple of months. According to BarChart.com, the southeast and mid-atlantic regional banks are faring the worst, both down over 30% so far this year.
But, the way I look at it, this could present good buying opportunities. As the old contrarian saying goes, “You [...]
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