Replies to post #799 on Flagstar Bancorp Inc (FBC)

[Ecomike]

Looks to me like it is possible that it may still run up and stay over $1/share and avoid a R/S.

I have been in two stocks that did a R/S recently and went much higher not long after the R/S to new highs. One was another regional US bank stock like this one and it went from about $6 after the R/S to over $20 this week.

IIRC this is an AMEX listed stock, so if it gets to well over 2-3 $s/share the big boys will support it if earnings are in fact turning around. They like stocks that are over $5/share even more.

[guster0]

BF,
I am in the camp we get above a buck and hold before Sept. 24 so IMHO the R/S won't be needed or it seems wanted by MP & FBC.

If not we get the split and we move on.

Will it drop 25% on the split maybe but as long as we are profitable and no other skeletons fall from FBC's closet it seems it might be hard to get her down that low????? IMHO!

I just keep buying on the dips..