Re: MFCSparkletooth, I am also saying the same thing "$25.00 by the end of August 2011"
Guess wise men always think alike.
At the last Investor Day( nov 19) the Management said there is no more foreseeable bad news
and that they will be substansially overcapitalised by 2015 even if rates remained flat
( rates were 2.87% then)
The Analysts are predicting $1.69 EPS for 2011... they have to increase the dividend and with the
gradual build up of capital, they have to repurchase shares.
Both these events will push the S/P back up.
With the increase in stock hedging and interest rate swaps, the downside risks are limited.
Only my opinion