It’s been a while since my last post. I just wanted to give everyone my general take on 2010. Below is a list of positions I have in various companies. I have also listed some sectors I like for 2010 and sectors I don’t like. Again, this is just my opinion…but I have made my bets on certain stocks that I feel will outperform in their respective sectors…
Today was a great day for most financial stocks — particularly the regional and commercial banks like Regions Financial (NYSE: RF) and Key Corp (NYSE: KEY). The move up was partly due to RF’s CEO saying that the worst has passed and that RF won’t need to raise any more money. That’s a very good sign for all regional banks. As a value investor, I was doing my research today on companies in this sector and stumbled on Central Pacific Financial (NYSE: CPF) [...]
I read this interesting article about fund managers buying heavily into bank stocks lately. It left me thinking — do they know something I don’t? Well, for one, these fund managers are closer to the banks than I am and are definitely more familiar with how large financial institutions work. Some of these guys are in charges of billions of dollars so [...]
Ok, I admit that I’m guilty of buying a few of the stocks that have been recently branded by the media as “Dash for Trash”. In particular, I’m referring to MBI, ABK, FRE, FNM. I got into these stocks all fairly early and today, I dumped my last shares of each of these [...]
