Replies to post #790 on Huntington Bancshares Inc (HBAN)

[Ecomike]

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.

[Ecomike]

Buying opportunity coming here me thinks?

.60/yr is the new Divi rate, close to 4% already, and is 4% at the $12/share

Index selling today making it a buy?

Not sure if enough BKs are in progress or on the rise to hurt this one.

Thoughts???

They are also doing an over $500 Mil share buy back over the next 12 months, about 5% of OS?