RE:RE:RE:Some Warning Signs NobleHouse.....don't disagree with your points and in fact I have posted a number of times that I see banks as being beneficiaries of AI in terms of efficiency.
My point in my previous point is that there are some accurate and key indicators out there that suggest that a correction is coming and that market valuations are too high. In such a scenario, bank stock share prices will go down with the market. This is simply how things work. When you combine this fact with ownership of a leveraged stock like a split share company (FTN) then the drop will be even greater in percentage terms. That is why I sold half my holdings.
As I mentioned before, there are many ways to play splits and what you are suggesting may well work and be OK. For me I do not consider splits to be long term holds and chose to take advantage of the leverage when I can. As an example of this my four round trips of LCS netted me 72% over a bit less than three months. During that time long term holders were ok in that they didn't miss a dividend payment.