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Re: fung_derf post# 790

Monday, 12/31/2018 4:20:17 PM

Monday, December 31, 2018 4:20:17 PM

Post# of 907
Obviously you and I are not everyone? LOL

I am watching the free fall here and on Fbc, another regional bank like HBAN, which I expect to see the annual PE ratio drop 50-65% in the next report, already down from $40 ish to almost $25 low. But HBAN dividend is looking sweet here and if there is another swan dive may be an awesome buy also. Fbc does not yet pay a dividend, but if that changes, its price may explode. They just bought a bunch of Wells Fargo bank locations/deposits.

I think real estate is what is adding insult to injury on the stock prices here. One more big swan dive flash crash, and one more crap fest with the Trump/China-fools war, and the price on these two may be a strong buy if the FED finally backs off on interest rates?

Today's real estate prices can not support large interest rate increases with out crashing home prices, and I just read a massive number of home sales are on indefinite hold for floor insurance that can not be issued/approved until the US government is funded and open for business again.

All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.

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