How low can the banks go?
October 14, 2010
– Comments (5) |
RELATED TICKERS: JPM
, BAC
, WFC
So remember the BP spill and how it dragged down the entire sector (well, the whole market). People were saying things were really cheap, but they kept on falling. I think it was when they hit about 0.8 p/b is when they bottomed out for the most part.
Which banks are best? I don't know too much about the sector. I think JPM is the best, but i don't know too much about them.
They'll probably keep falling, but I will pick them up at a low enough price. Anybody watching any particular banks?
