Flagstar Bancorp Inc (FBC)

[oldberkeley]

Wednesday we find out if anyone really cares for FBC.

Not really sure what you mean, unless you're talking about the market reaction to the earnings announcement.

I expect the results to be decent and the reaction about average: not bad, but nothing special. Contrary to what a poster has been saying on various iHub boards and stock sites, FBC will not shoot to $2 because of some spectacular results.

Campanelli has been very clear: it's an ongoing turn-around story that's going to take some time and patience. As they get their ship in order and begin to make money, the market will reflect that in the PPS.

Best of luck.