InvestorsHub Logo
Followers 240
Posts 12032
Boards Moderated 2
Alias Born 04/05/2009

Re: norweger1979 post# 107

Friday, 06/30/2017 8:47:53 AM

Friday, June 30, 2017 8:47:53 AM

Post# of 158
The big move in bank stocks have now occurred. Select large banks like C still have some catching up to do.

Banks should be considered a "hold" if you have some in your portfolio. There are still some values in the community bank space. Personally, I have to replace FOFN.

I still have not owned this company. By not buying when 56Chevy brought it to our attention was probably a mistake. However, it ran up and then down. I prefer to buy businesses when they are down. Determining how low is low enough can be hazardous to one's portfolio.

I do prefer oil service businesses to small E&P companies. Several have made trips through Chapter 11. I believe oil prices have to stabilize above $50 for me to sink funds in oil or related businesses.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International