Synovus (SNV)

[parrot head]

They don't have a revenue plan is the truth. They have so many random branches in dead towns. They obviously have the Columbus, GA market share, whoopeee... but that's been changing as the rise of military banks like USAA and Navy Fed come to town as well as larger more stable brands like BofA, WF, and Suntrust take a bite out of the market share. Their only business plan is get down on their knees and beg old customers and to undercut loan rates.

I played this stock from $1-$2 and never touched it again, just watching it fight for its life like so many other "regional" banks. I'm sticking with my opinion and believe Synovus will be forced to sell its assets outside of Columbus and dissolve. Columbus Bank and Trust Co. goes back to being about 5-6 branches in Columbus, GA and starts over again. I might short this for the next 2 years. GL.