Banco Santander Central Hispano SA (ADR) (NYSE:SAN)

CAPS Rating: 4 out of 5

A financial group operating principally in Spain, the United Kingdom, other European countries and Latin America, offering a range of financial products.


Player Avatar Teacherman1 (28.84) Submitted: 2/27/2013 3:08:43 PM : Outperform Start Price: $7.55 SAN Score: -13.59

Closed and re-opened to more accurately reflect my actual start price for a longer term hold.

Have about one third of what I want for a full position, so will watch for opportunities to add.

This gets hit by events in Europe, but it is a good, solild bank, and in time, should be a multi-bagger.

JMO and worth exactly what I am charging for it.

Member Avatar Teacherman1 (28.84) Submitted: 3/25/2013 2:48:30 PM
Recs: 0

A great buying opportunity on SAN today.

There was a comment about Spain imposing losses on Bond and Stock holders of it's Nationalized banks.

SAN is not and is not going to be Nationalized.

This is a combination of ignorance and panic being taken advantage of by short sellers.

JMO and worth exactly what I am charging for it.

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