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SPDR S&P Regional Banking ETF T.KRE.UN


Primary Symbol: KRE

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the index), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks segment of the S&P Total Market Index (S&P TMI).


ARCA:KRE - Post by User

Post by milliondollaron Mar 20, 2013 4:09pm
146 Views
Post# 21262899

I just sold

I just sold

i think $7.41 is a fair price.  The stock has not traded this high for a long time and now that Huntington only needs 45% of the shares tendered, i think its best to get out now than wait and potentially miss out.  Once they have over 50%, they can stop the monthly distributions.  this will help them pay off the debt for the buyout. I doubt Bitove will offer more than $7.50 a share.  He knows that this company is slipping away from him.  He will only be left with his sirius canada since his prisim stock went to zip.  Adios all

 

this post is only my opinion

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