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Re: pigfarmer5 post# 4281

Saturday, 04/25/2009 11:48:27 AM

Saturday, April 25, 2009 11:48:27 AM

Post# of 12370
IMO, both banks will be in great shape, C with Nikko sale and FITB with Advent sale. I think Cramer will be correct with his assumption; banks will simply be told if they need to raise additional capital and will be given a time time frame to raise capital in the private market (C and FITB achieve this goal with above sales). I have been accumulating as close to each day's low as possible and currently holding large positions in both. I do not have the time to flip until late next week at the earliest. I missed a good week as C, FITB and BAC had fantastic daily swings. LOL
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