The Company provides a full range of banking and related services through its banking and other subsidiaries, primarily in Utah, California, Texas, Arizona, Nevada, Colorado, Idaho, Washington, and Oregon.
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ZION has an illiquid balance sheet and a too high valuation compared to its sales potential. It is also one of the most loss making companies at least until 2011. It may go bankrupt.
for your sake you better cover your idiotic short position in this excellent company before you have to pay $65
ZION is a bank holding company with total assets of $53.4 billion and tangible equity of $4.36 billion on 2009.09. But it owns two quasi bankrupt banks with total assets above its tangible equity:
Nevada State Bank based in Las Vegas with total assets of $4.3 billion;
National Bank of Arizona based in Tucson with total assets of $4.8 billion.
you better cover your idiotic positions now. Your score is -35 and getting worse. September 2009 was a long long (should I say short for your sake?) time ago.
ZION also has preferred stocks. Its common stock price may fall back to less than 7.5 USD first.
Wow, mr cashsage, not only is this going poorly for you, but now you are delusional. i guess that comes from loosing so much. maybe you and mr carcollector should liquidate your short positions before you can't make the margin calls. maybe you should buy some old cars too, the economy is certainly better for that kind of activity than hope against hope that the market will crash again and cause the stock prices of excellent companies to plunge.
ZION deposits reached a new low at $40.96 billion on 2010-09, versus $41.84 billion on 2009-12, and $41.32 billion on 2008-12.