Corpbanca (ADR) (NYSE:BCA)

CAPS Rating: 2 out of 5

The Company provides a range of commercial and retail banking services to its customers which includes financial advisory services, mutual fund management, insurance brokerage and securities brokerage services through its subsidiaries.

Recs

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Player Avatar Paramnesia1930 (26.65) Submitted: 12/4/2009 5:10:44 PM : Underperform Start Price: $9.09 BCA Score: -18.37

Volume since late October has been declining, the advance-decline line and momentum indicators have not confirmed the latest highs, and sentiment indicators are frothy. As confidence in the recovery breaks down and money managers lock in 2009 profits, equities will fall—especially banks that have risen excessively in the last six months.

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