Flagstar Bancorp Inc (FBC)

[Ecomike]

Nope. I bought a small batch of shares of about 6 regional banks,paid way too much based on the sell off last 5 weeks, probably will not add to them, just hold and hope a few survive and pay off for the ones that do not. So far I have had little luck playing bank stocks (tried it in 1987 in Texas and lost may ass), an old friend talked me into buying them in April, including this one, but so far they are doing no better than most other junk stocks lately, maybe worse, although BP may be toast sooner than FBC, LOL!

One thing I do know, people that sold early in 2009 and sat on the sides wish they had held.