Financial 15 Split Corp T.FTN

6.77

[Toppicks1]

bought 30k of this this am. Hoping fed is done raising rates. If so bank will fly and this could return to 10 or 11$.

[Golferman]

Agreed FTN can definitely get back over 9.00 with the recovery of bank stocks.  Golferman

[NoShoesNoShirt]

I wonder if anyone is still short this stock. Seems like they might have been covering and that's part of the run up this week?

[mouserman]

Short position was unchanged at Oct 31 from the reading 2 weeks earlier in mid OCT. @ 203,000 shares shorted. We wont get to see the numbers to Nov 15 until late next week. I suspect some shorts were covering on the rosy numbers from the US regarding inflation, which have lowered the probablility of more rate hikes from the FED.  Nice move in FTN and nearly all the split fund commons i follow

[Toppicks1]

This trade is starting to look better and better. Now over 7$. And the monthly distribution of 3700$ will be nice.

[Golferman]

Great..... I added 13,000 shares today as well.  would take nothing for this to reach $ 7.50 before ex-day.  Golferman 

[Jeremy4]

Now thats putting your money to work where your mouth is. That's the type of poster l find , l can relate too.I am in a different category to say the least as I am new to investing and only have limited resources to deploy , but l did take my first position with a buy of 500 shares and already up a $100 after two days. Pocket change to many , but important to me and my wife .I will continue to