Post by
TheRainman on Oct 11, 2024 1:06pm
Not worried
They can now return 1 billion they had put away back to the books for next Q.
Expect massive share buy backs to follow.
Bad news memories dont last that long in bank stocks.
Bought 300 more at 78.50
Comment by
TheBridge on Oct 11, 2024 4:10pm
Should have waited a bit long, another $5 will come off that $78.50. This share should have been at $105.00 today if there hadn't been the gross negiligence. And for those that think that this is going to blow over quickly, be prepared for a high in the $80 range for a year and likely longer.
Comment by
StewartCatso on Oct 11, 2024 9:51pm
Looks like a 2026-2027 recovery. 2025 being a transition year. The immediate downside risk is $73 (as you state), unless the economy takes a turn for the worse. If the economy continues to improve (and rates go down) there could be some upside to $82 within the next 12 months.