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Stifel Financial Corp V.SF


Primary Symbol: SF Alternate Symbol(s):  SFB | SF.PR.B

Stifel Financial Corp. is a financial holding company. The Company's principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a full-service retail and institutional wealth management and investment banking company. Its segment includes Global Wealth Management, Institutional Group, and others. Its Global Wealth Management segment consists of two businesses, the Private Client Group and Stifel Bancorp. The Private Client Group provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance, as well as offering banking products to its private clients through its bank subsidiaries, which provide residential, consumer, commercial lending, and FDIC-insured deposit accounts to customers. The Institutional Group segment includes institutional sales and trading. The Other segment includes interest income from stock borrow activities, unallocated interest expense, interest income and gains and losses from investments.


NYSE:SF - Post by User

Bullboard Posts
Comment by Borisonon May 13, 2010 9:00pm
410 Views
Post# 17097422

RE: News, New Name for SF.V

RE: News, New Name for SF.VI saw that reverse split coming a long time ago (see my last post many months ago) and was out at 2 cents. But I'm sure everybody saw that coming so it's not like I'm a fortune teller!  I thought I'd take a look again post split to see if maybe there was a trade here. So what do I see? I see England and others selling at 2 cents BEFORE the reverse split, I see no money in the till (queue the private placement with tons of warrants to start the running tally on shares again), and I see a bunch of moose pasture projects that will never ever amount to anything. This may be worth a taking a chance on if it drops back down to 5 cents post split, but even then, I'd be scared of it continuing to meet listing requirements. So my decision is to stay away from SF - so many other good, real plays now to choose from, and why make the same mistake twice? I'm done with these clowns. Best of luck to all.  
Bullboard Posts