Regions Financial Corp (RF)

[Seminole Red]

7x[times] 11 .....45 days

[DAVE_007]

Regions Financial..Institutional Buying coming back in..

they should...it's a good solid bank...imo..

[Seminole Red]

makin money....good bank

[MSUfan]

Don't know what is causing this nice run today, but I like it!

[DAVE_007]

adding on dips...$8~$10 coming soon..eom

[Seminole Red]

this is a good solid company and a good long term investment.no reason for it not to be 12 bucks.

[DAVE_007]

Regions Financial...RF...Insider buying and holding...
may be a good idea, I hope..

[DAVE_007]

whatever floats your boat..
I used to daytrade quite a bit but
my mom's pancreatic cancer and trips to Nashville Sarrah Cannon cancer center for Glaxo-Kiline clinical trials
have pretty much kept me off of computer...

and,to tell the truth, I ain't missed being on this box much anyways.

House(s) and land I own, as I type are in Hamilton County, TN planning commission works for a Walmart Distribution Center with
major eateries coming in on the frontage...

in short, I ain't worried about money to much right now..

don't owe for nothing..Happiness is debt free!

Mom's health is number one priorty right now.

Have a good'un, Bud!

[Seminole Red]

sold out at 6.32....waited long enough....it was dead money...didnt lose anything

[DAVE_007]

hearing $7 for RF by Friday close..

nicely chugging along...

6 months



2 years

[DAVE_007]

RF..Customer satisfaction..J.D. Power Award..




http://www.regions.com/about_regions/customer_satisfaction.rf

[Seminole Red]

they sure bring in alot of deposits...like over 2 BILLION

[DAVE_007]

Yes, that's what I think..they are growing far faster where I live in SE TN area..buying up small community banks, etc.

From my dealings with them they are more cautious with their
loans, have great locations,
and their workers are just plain ol genuinely more friendly..

[Seminole Red]

with past highs of 40 bucks ied at least like to see 10 bucks here

[DAVE_007]

Regions Bank..RF..growing...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOzcv87Juyq8&pos=2

[Seminole Red]

Regions Bank Exceeds Goal of Opening One Million Checking Accounts in 2009



Record Level of Account Openings Highlights Service Quality Accomplishments

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Bank (NYSE: RF) announced today that it has exceeded its goal of opening one million new checking accounts for consumers and small businesses in 2009. Growth in the bank's signature bundled product - Regions LifeGreen Checking and Savings - helped fuel the growth, which has also been instrumental in helping the bank increase deposits by $10 billion since September 2008. Regions exceeded its previous record of account openings in a year by more than 25 percent.

"In the worst economy we've seen in two generations, we accepted two challenges - to focus on serving our customer better than ever before and to translate that service into new relationships. I'm pleased that we succeeded on both fronts," said John Owen, head of Regions Consumer Services. "We have a world class team of branch associates and their outstanding effort made this goal a reality."

Regions introduced the innovative LifeGreen Checking bundle in the third quarter of 2008 and has seen record new account growth since that time. The account features several free or discounted products and encourages the use of environmentally friendly services, such as direct deposit and electronic statements. LifeGreen Checking also encourages customers to save through a companion LifeGreen Savings Account that provides an opportunity to receive a savings bonus.

The achievement of opening one million accounts caps a year in which Regions has been honored on multiple fronts for its focus on quality service to customers. These achievements include being ranked highest in customer satisfaction among primary mortgage servicing companies by J.D. Power and Associates, ranking among the top five banks in terms of business banking service quality and being the most improved retail bank on the J.D. Power and Associates Retail Banking satisfaction survey. In addition, the bank reached record levels of customer satisfaction and loyalty as measured by Gallup.

As Regions was growing households and expanding the use of LifeGreen and other checking accounts at a record pace, the company also saw significant increases in deposits across the company. Based on FDIC deposit data as of June 30, 2009, Regions grew deposits in 24 out of 25 major metro markets it services.

About Regions Financial Corporation

Regions Financial Corporation, with $140 billion in assets, is a member of the S&P 100 Index and one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,900 banking offices and 2,300 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.




Source: Regions Financial Corporation

[Seminole Red]

WHAT !!!....12 BY SPRING.

[famous]

good bye dowd, cramer will have to find a
new dummy!!!!

[Seminole Red]

Regions Financial (RF) popped 13%. This and other regional banks climbed on a growing belief that commercial real estate might be in better-than-expected shape.

[Seminole Red]

Regions Financial Corp. plans to reinstate its retirement benefits to employees across its 16-state footprint.

The Birmingham-based bank, hit hard by defaulting real estate loans during the downturn, will restore its 401(k) matching contributions and restart its accruals on employees’ pension plans in January, according to a letter addressed to employees from Regions Chief Executive Dowd Ritter.

Also, the bank announced that all associates will be eligible for a merit pay increase next year based on their individual performance.

“Many economists believe that the worst part of this economic downturn is behind us, which is why we are reinstating these important benefits,” Ritter said in the letter. “Your focus on the fundamentals of our business during a very difficult time creates value for our customers, communities, and, ultimately, our shareholders.”

In February, Regions Financial Corp. (NYSE:RF) announced plans to halt matching contributions to its retirement benefits. The company has about 6,000 employees in the Birmingham area.

[Seminole Red]

good movement today

[Seminole Red]

Regions Financial Corp. (RF) will continue to participate in a Federal Deposit Insurance Corp. program that expands guarantees for certain accounts through June 30.

The voluntary Transaction Account Guarantee portion of the FDIC's Temporary Liquidity Guarantee Program fully guarantees noninterest-bearing transaction accounts, qualified NOW checking accounts paying less than 0.5% and Interest on Lawyers Trust Accounts for an unlimited amount. Coverage under the TAG program is in addition to that available under the FDIC's general deposit insurance protection.

The program "provides additional peace of mind for consumers and businesses," said Chief Operating Officer Grayson Hall.

Last month, the regional bank posted a third-quarter loss, although it had fewer new delinquent loans. Total nonperforming loans grew, as did charge-offs, or loans it doesn't expect to collect.

Regions' shares rose 0.8%, to $4.82 in after-hours trading. The stock has lost more than half its value in the past year.

-By Kathy Shwiff, Dow Jones Newswires; 212-416-2357; [e-mail]


Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=GFPcX21DRDAiIe%2FPoNtcig%3D%3D. You can use this link on the day this article is published and the following day.

[Seminole Red]

Based on recently released FDIC data, Regions Bank (NYSE: RF) saw its overall deposits increase in 24 out of 25 major metro areas in the 16 states that it serves. From June 30, 2008, to June 30, 2009, Regions' overall deposits were up $7.5 billion, an 8.7% increase.

[Seminole Red]

*DJ Regions Fincl: Deposits Up In 24 Out Of 25 Major Markets >RF

.

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2400)

October 28, 2009 09:01 ET (13:01 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.- - 09 01 AM EDT 10-28-09

[Seminole Red]

NEW YORK -- Regions Financial Corp. set high expectations last month for its loan performance, but the loss it reported Tuesday gave only hints of improvements in credit losses.

Regions Chief Executive Dowd Ritter told investors that the rise in delinquent loans might have peaked.

On Tuesday, the Birmingham, Ala., bank said it booked fewer new delinquent loans in the third quarter -- but "the modest improvement" of $1.7 billion in new nonperforming loans, compared to $1.8 billion in the second quarter, "was a disappointment for many," Sanford C. Bernstein & Co. LLC analyst Kevin J. St. Pierre wrote in an email to Dow Jones Newswires. It was the number "most investors turned to first," he wrote.

Shares of Regions were up 12 cents, or 2.1%, to $5.82. The stock has lost more than a quarter of its value year-to-date.

Regions reported more nonperforming loans, that is, loans for which repayment is questionable, and charge-offs, those loans it does not expect to collect, in the third quarter. And the money it had to set aside to cover bad loans contributed to the bank's third-quarter loss of $377 million. A year ago the bank had a profit of $79 million.

"The operating environment remains challenging and credit-related costs continue to be elevated," Mr. Ritter, who is also chairman, said in a news release. "However, the economy appears to have bottomed and that bodes well for customers and for us."

On Sept. 15, he had told investors during a conference in New York the bank is "running out of what we'd refer to as raw material" -- delinquent loans that would eventually have to be charged off. The second quarter "may have been our high point."

Regions has been struggling for some time with its real-estate exposure to Florida and other Southern markets. Regions needed to raise the most capital relative to risk-weighted assets following the government-induced stress test for the top 19 banks.

"The handoff from consumer to commercial is becoming more acute in the case of Regions," Todd L. Hagerman of Collins Stewart LLC, wrote in an email. "Given the size of Regions commercial real estate portfolio, it appears the company is far from reaching an inflection point in terms of problem asset levels."

Regions reported a loss of 32 cents a share, compared to a year-ago profit of 11 cents a share. Excluding merger-related charges, but including preferred dividend costs, the loss would have been 37 cents. Analysts polled by Thomson Reuters predicted a 25-cent loss.

The latest results include charges of $41 million tied to a consolidation of 121 branches across its 1,900 branches. The branches will be closed in early 2010, and Regions said it expects to realize further cost savings of $21 million annually.

Loan-loss provisions grew to $1.03 billion from $912 million in the previous quarter and $417 million a year earlier. Net charge-offs -- loans the bank doesn't expect to collect -- jumped to 2.86% of average net loans from 2.06% and 1.68%, respectively. Nonperforming assets, which are seen near default, grew to 4.4% from 3.55% and 1.79%.

Net interest margin rose to 2.73% from the second quarter's 2.62%. The prior year was 3.1%.

Deposits increased $1.3 billion from the prior quarter, driven by a 3% jump in noninterest accounts. Regions said 762,000 retail and business checking accounts were opened so far this year. Meanwhile, loan balances fell 1% from a year ago.

[Seminole Red]

Regions Financial Corp. (RF, $5.97, +$0.27, +4.69%) set high expectations for its loan performance, but the third-quarter loss it reported Tuesday gave only hints of credit improvement. The stock rose despite the credit woes, a move FIG Partners analyst Chris Marinac said could be based on the fact surface credit trends didn't look as bad as some investors expected. He added that a deeper look into the numbers suggests otherwise, however.

[mlkrborn]

regional banks are under pressure again!

[Seminole Red]

RF $5.70 Regions Financial-Loss of 37 cents per diluted share for the quarter ended September 30, 2009, reflects the company’s efforts to aggressively address loan portfolio stress and a charge related to branch consolidation
* Solid underlying business performance continues, including strong account and deposit growth. Average low cost deposits increased $1.3 billion versus the second quarter, including a $701 million or 3 percent rise in average non-interest bearing funds.
* Opened a record 270,000 new retail and deposit checking accounts during the third quarter, up 29 percent versus the same quarter last year. New account openings for first nine months reached 762,000, putting Regions on track to exceed full-year goal of one million new accounts.
* The net interest margin expanded 11 basis points to 2.73 percent; net interest income rose 2 percent versus second quarter
* Non-interest revenues reflect higher service charges from increased transaction volume and new account growth, as well as increased mortgage income, partially offset by a reduction in brokerage income
* Focused on efficiency, Regions began execution of a branch consolidation plan through which it will consolidate 121 branches; associated expenses totaled $41 million in the third quarter; future annual net savings to approximate $21 million
* Non-performing assets, excluding loans held for sale, increased $662 million, well below second quarter’s increase of $1.1 billion; gross inflow of non-performing loans lower than previous quarter.
* Net loan charge-offs increased to $680 million or an annualized 2.86 percent of average loans, driven by value-related write-downs and problem asset dispositions
* Allowance for credit losses increased to 2.90 percent of loans with $1.025 billion provision for loan losses, exceeding net charge-offs by $345 million
* Capital remains well above regulatory minimums

[kittycattttt]

dumping going on here tha' jerks...

[Seminole Red]

After Hours Trade Reporting
Pre-Market Charts | After Hours Charts After Hours
Last: $ 6.45 After Hours
High: $ 6.48
After Hours
Volume: 1,179,525 After Hours
Low: $ 6

[IPO$]

Regions Financial Cp (NYSE:RF)
Last Price (USD) $ 6.39
Change ▲ 0.33 (5.45%)
Bid 6.32
Ask 6.34
Volume 80,040,313
Day's Range 5.98 - 6.73
Last Trade 5:19:35 PM EDT
Click for Detailed Quote Page

[Seminole Red]

this one is in recovery mode and doing quite well...

[research177]

My, RF ran nice the past couple of days after falling back near the lower 5 dollar range.



GLTA JMHO DYODD

[Seminole Red]

DJ Regions CEO Says Troubled Loans Will Fall In Third Quarter

.
By Marshall Eckblad
Of DOW JONES NEWSWIRES


NEW YORK (Dow Jones)--The chief executive of troubled lender Regions Financial Corp. (RF) said Tuesday that the bank's levels of deeply troubled loans reached their peak in the second quarter, and the bank's permanent losses from bad loans will begin to decline "late this year or early next year."

Regarding Regions' levels of nonperforming loans, or loans nearing permanent loss, "last quarter might have been our high point," said CEO C. Dowd Ritter. He made the remarks at a financial services conference in New York hosted by Barclays PLC (BCS).

Investors have been parsing bankers' words for signs that the worst losses from the financial crisis are finally behind the nation's banks. Ritter's words may offer the strongest signal thus far that banks will soon see their levels of bad loans, and by extension losses, begin to taper.

Shares in Regions were recently up 8.5% at $5.98 in composite afternoon trading.

Ritter also told the audience that the bank's overall loan losses would be "much lower" than those projected in the U.S. government's stress test of 19 large banks released in May.


-By Marshall Eckblad, Dow Jones Newswires; 212-416-2156; [e-mail]


Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=TGHFz2YpriWEC26XTTeOsA%3D%3D. You can use this link on the day this article is published and the following day.



(END) Dow Jones Newswires

September 15, 2009 14:11 ET (18:11 GMT)

[research177]

And more, RF at a 6.11 high today. Came down with many of the rest of the financials after lunch to now around the 5.80's. Very interesting indeed.




JMHO DYODD

[research177]

Ha!!! The Media was commented upon by Cramer last night and he said you just had to ignore them because 100's of millions of dollars move the market and they don't have that so cover your ears, etc. He/The Street put an article on the Yahoo board for RF this morning after the open of the market that was titled, "A Beautiful Day for Shorts" by Cramer and here we have RF going from 5.40's to 5.80 in about a 25 minute time span starting a little after 2 pm today. That was hilarious, unless you were short RF there. My oh my.





JMHO DYODD

[IPO$]

Why is RF up but BAC down?

[famous]

rose colored glasses??? must read!!!
http://seekingalpha.com/article/156139-regions-financial-sitting-on-a-22-8-billion-sink-hole?source=feed

[research177]

RF Pre,premarket at 5.42 last trade



RF(2009/08/14)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
07:29:12 100 5.42 + PAC T (F)
07:29:12 900 5.42 + OTC T (F)
07:28:42 600 5.42 + OTC bb T (F)
07:28:39 400 5.42 + PAC T (F)
07:28:39 100 5.42 + PAC T (F)
07:28:36 2100 5.42 + PAC T (F)
07:28:36 100 5.42 + PAC T (F)
07:26:39 1000 5.42 + OTC bb T (F)
07:26:30 2300 5.42 + OTC bb T (F)
07:26:30 200 5.42 + PAC T (F)
07:26:03 5000 5.40 - PAC T (F)
07:26:03 4100 5.40 - PAC T (F)
07:25:57 800 5.40 - PAC T (F)
07:25:54 100 5.40 - PAC T (F)
07:25:51 1000 5.41 + OTC bb T (F)
07:25:48 200 5.39 + OTC T (F)
07:25:45 100 5.39 + OTC bb T (F)
07:25:42 400 5.38 + OTC bb T (F)
07:25:39 100 5.38 + OTC bb T (F)
07:25:33 500 5.38 + PAC bb T (F)
07:25:33 1100 5.37 + PAC T (F)
07:25:33 100 5.37 + OTC bb T (F)
07:25:33 100 5.37 + PAC T (F)
07:23:48 100 5.37 + PAC bb T (F)
07:23:48 4900 5.37 + OTC bb T (F)
07:20:06 800 5.35 + PAC bb T (F)
07:20:06 100 5.35 + OTC bb T (F)
07:19:45 900 5.34 - PAC T (F)
07:19:45 100 5.34 - PAC T (F)
07:19:03 700 5.35 - PAC T (F)
07:19:03 500 5.35 - PAC T (F)
07:18:54 500 5.35 - PAC T (F)
07:18:12 500 5.35 - PAC T (F)
07:16:51 500 5.35 - OTC bb T (F)
07:15:54 900 5.35 - PAC T (F)
07:15:54 100 5.35 - PAC T (F)
07:15:15 1000 5.37 - PAC T (F)
07:15:15 100 5.37 - PAC T (F)
07:15:15 1000 5.37 - PAC T (F)
07:12:42 300 5.38 OTC bb T (F)








JMHO DYODD

[research177]

His fund is working hard. No doubt!




JMHO DYODD

[IPO$]

Looks like Paulson is acquiring bank stocks!

[research177]

Now PM at 5.08... Foreclosure increases headline today trying to kill the big gap up. Now 5.10 last trade.


Foreclosure plague: No cure yet
By Les Christie, CNNMoney.com staff writer
On Thursday August 13, 2009, 7:33 am EDT
Buzz up! 0 Print
The foreclosure plague continued to devastate last month.

There were more than 360,000 properties with foreclosure filings -- including default notices, scheduled auctions and bank repossessions -- an increase of 7% from June and 32% from July 2008, according to RealtyTrac, an online marketer of foreclosed homes. In fact, one in every 355 U.S. homes had at least one filing during July.

"July marks the third time in the last five months where we've seen a new record set for foreclosure activity," said James J. Saccacio, chief executive officer of RealtyTrac. "Despite continued efforts by the federal government and state governments to patch together a safety net for distressed homeowners, we're seeing significant growth in both the initial notices of default and in the bank repossessions."

The jump occurred as several foreclosure moratoriums phased out. They were initiated by many states to give the administration's foreclosure-prevention efforts time to work. But for many help did not come: The modification and refinancing programs have met with less success than hoped.

"It's starting to reach more and more people, but we have to do better and make sure the program reaches the millions of folks we intended it to reach," said Jared Bernstein, an economics adviser to vice president Biden.

The picture would be even worse, however, without the programs.

"Each of these programs nips away at the problem of excess supply," said Doug Duncan, cheif economist for Fannie Mae, "and fights against declining prices. ... The hope is that the aggregated programs will result in less loss than would happen in the free market."

Out of their homes

RealtyTrac statistics revealed that more than 87,000 properties were repossessed by lenders, effectively sending many families out of their homes. There have been a total of 464,058 repossessions -- or REOs in industry parlance -- so far this year (through the end of July).

"We're seeing more option ARM resets, triggering defaults and more prime loans, which are failing due to job losses," said RealtyTrac spokesman Rick Sharga.

That is resulting in more filings on higher priced homes, for two reasons: 1. option ARMs were typically used for more expensive properties; 2. borrowers using prime loans generally had better credit and were able to afford more expensive houses.

Best and worst

The worst hit areas continue to be in the "sand states," with California posting the highest number of total filings, 108,104, and Nevada posting the highest rate of foreclosure at one for every 56 homes.

The other hardest hit states are Arizona, at one filing for every 135 homes, and Florida, at one for every 154. Las Vegas, with one for every 47 homes, had the highest rate among metro areas. That's Sin City's 31st consecutive month topping the list.

These were bubble states, where home prices soared and banks financed mortgages for anyone who could fog a mirror.

"We're seeing the highest levels of foreclosures in the markets that had the highest appreciation [during the boom] and the worst lending practices," said Sharga.


http://finance.yahoo.com/news/Foreclosure-plague-No-cure-cnnm-1798096090.html?x=0&sec=topStories&pos=3&asset=&ccode=




JMHO DYODD

[research177]

RF, LOOK AT THIS FILING!!! Here it is, PM for RF gapped up to 5.25 after last nights AH rise.


<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>pco063009.txt
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 13F
FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: June 30, 2009

Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries

Institutional Investment Manager Filing this Report:
Name: Paulson & Co. Inc.
Address: 1251 Avenue of the Americas
New York, NY 10020
13F File Number: 028-10010

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this submission.

Person Signing this Report on Behalf of Reporting Manager:

Name: Stuart Merzer
Title: General Counsel
Phone: [phone]

Signature: Place: Date of Signing:
Stuart Merzer New York, NY August 12, 2009

Report Type (Check only one):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT

List of Other Managers Reporting for this Manager:
<PAGE>




FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 38
Form 13F Information Table Value Total: $17,127,317

List of Other Included Managers:

No. Form 13F File Number Name

01 028-10011 Paulson Management LLC
<PAGE><TABLE>
FORM 13F INFORMATION TABLE
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6COLUMN COLUMN 8

VALUE SHRS OR SH/ PUT/ INVEST OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT & T Inc. COMMON 00206R102 74520 3000000 SH Defined 01 3000000
Anglogold Ashanti Ltd -Spon ADR SPONSORED ADR 035128206 1569591 42849864 SH Defined 01 42849864
Bank of America COMMON 060505104 2217474167990464 SH Defined 01 167990464
Boston Scientific Corp COMMON 101137107 1005229 99135000 SH Defined 01 99135000
CB Richard Ellis group Inc CLASS A 12497T101 125806 13440860 SH Sole 13440860
CF Industries Holdings Inc COMMON 125269100 37070 500000 SH Defined 01 500000
Capital One Financial Corp COMMON 14040H105 371960 17000000 SH Defined 01 17000000
Centennial Communication Corp N CLASS A 15133V208 41900 5000000 SH Defined 01 5000000
Centex Corp COMMON 152312104 10629 1256400 SH Defined 01 1256400
Cheniere Energy Inc COMMON 16411R208 21936 7461191 SH Defined 01 7461191
Data Domain Inc. COMMON 23767P109 67761 2030000 SH Defined 01 2030000
Dr Pepper Snapple Group Inc COMMON 26138E109 32247 1521824 SH Defined 01 1521824
Embarq COMMON 29078E105 84120 2000000 SH Defined 01 2000000
Fifth Third Bankcorp COMMON 316773100 35500 5000000 SH Sole 5000000
First Horizon National Corp COMMON 320517105 36000 3000000 SH Sole 3000000
Gold Fields Ltd. SPONSORED ADR 38059T106 277150 23000000 SH Defined 01 23000000
Goldman Sachs COMMON 38141G104 294880 2000000 SH Defined 01 2000000
Humana Inc COMMON 444859102 161300 5000000 SH Defined 01 5000000
JPMorgan Chase & Co. COMMON 46625H100 238770 7000000 SH Defined 01 7000000
Kimco Realty Inc COMMON 49446R109 2183 217259 SH Sole 217259
Kinross Gold Corp COMMON NO PAR 496902404 561577 30780800 SH Defined 01 30780800
Liberty Media Corp COMMON SER A 53071M500 534000 20000000 SH Defined 01 20000000
Market Vectors ETF Trust GOLD MINER ETF 57060U100 226890 6000000 SH Defined 01 6000000
Marshall & Ilsley Corp COMMON 571837103 57600 12000000 SH Sole 12000000
Mirant Corp COMMON 60467R100 286520 18203321 SH Defined 01 18203321
People's United Financial COMMON 712704105 41443 2750000 SH Sole 2750000
Pepsi Bottling Group Inc COMMON 713409100 283302 8371800 SH Defined 01 8371800
Pepsiamericas Inc. COMMON 71343P200 112203 4185100 SH Defined 01 4185100
Petro-Canada COMMON 71644E102 508222 13146800 SH Defined 01 13146800
Philip Morris International Inc COMMON 718172109 392589 9000200 SH Defined 01 9000200
Ultrashort Financial COMMON 74347R628 83580 2000000 SH Defined 01 2000000
Regions Financial Corp COMMON 7591EP100 141400 35000000 SH Defined 01 35000000
SPDR Gold Trust COMMON 78463V107 2872170 31500000 SH Defined 01 31500000
Schering Plough Inc COMMON 806605101 1383409 55072000 SH Defined 01 55072000
State Street Corp COMMON 857477103 33040 700000 SH Sole 700000
Sun Microsystems Inc. COMMON 866810203 682280 74000000 SH Defined 01 74000000
Suntrust Bank Inc. COMMON 867914103 24675 1500000 SH Sole 1500000
Wyeth Com COMMON 983024100 2196390 48389300 SH Defined 01 48389300


17127317
</TABLE>
</TEXT>
</DOCUMENT>




http://www.sec.gov/Archives/edgar/data/1035674/000103567409000008/pco063009.txt




JMHO DYODD

[IPO$]

RF holding strong today...$4.80 support!

[IPO$]

Why would you have a gut feel about that? It is best not to make comments like that unless you have some facts...it spreads fear like a cancer...

[mukluks]

Probably Monday... I sold Friday because I am concerned they have accounting irregularities like Colonial BancGroup Inc.'s (CNB). This decision was based on gut and not fact.

Good luck to all

[research177]

$5.00 share price for RF hit today and held under that level with the keeping of it from the floor where most mutual funds are allowed to buy in again or add it to their portfolios. Cute, isn't it? Now at 4.93, can we make it back up there and past $5.00 before long?



JMHO DYODD

[IPO$]

I wrote 100 contracts of the Aug 5 calls today and got $.15 per share. I hope it runs higher but an realstic that it already jumped quite a bit already.

[IPO$]

that is a very good point...Goldman probably trying to get it to $5 for that reason

[research177]

If this RF gets into the 5's, many of the mutual funds should be freed up to jump back in. Wow, would that be great again. Squeeze those shorts, squeeze them good for the, in general, sinking past year and a half that's been dealt to longs. It hit an intraday high today of 4.81 so far. Good luck.


JMHO DYODD