Wilshire Bancorp, Inc. (NASDAQ:WIBC)
CAPS Rating:
A bank holding company offering a range of financial products and services primarily through its main subsidiary.
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A bank holding company offering a range of financial products and services primarily through its main subsidiary.
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Recs
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.