INBK
Sold the stock in the 15's so can't say I should get too much credit, as my mass selling over the last couple of weeks has come back to haunt me big time as the market going much higher I didn't expect.
But with INBK Specifically, I don't get why it is rallying. The quarter wasn't very good and I'm being nice. Quarter Had a tax benefit, if It was taxed at historical levels earnings were about .35. And they continue to say NIMS should contract a little more next quarter so earnings could be about .30 next quarter. Hence for a bank stock I'm shocked it has rallied this much on that lousy of a quarter, probably earning trough in q3, but it is one of the most expensive bank stocks out there right now annualizing .35 a quarter. Just my take. All is just my opinion, and I could always be wrong though.
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