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Joe Stocks

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Joe Stocks

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Re: KO10068 post# 62000

Monday, 11/23/2009 12:02:34 PM

Monday, November 23, 2009 12:02:34 PM

Post# of 77456
KO, I have to say I am enthused with SNV. BBT almost looks like a comparable bank as far as credit quality - SNV looks to be a bit better.
http://www.wlmlab.com/bkHm.asp?inst=HC1074156

BBT sells 1.05 times book. SNV sells for .34 X book. If it was selling for the same as BBT it would the stock would trade at $4.83.

Low valaution, candidate that would have selling pressure from a owners taking a tax loss, and recent insider support with buyinmg at higher prices has me seeing this one as an attractive set up for future gains.

Joe

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