Comerica, Inc. (NYSE:CMA)

Based on Graham number valuation

Buy the tarp issued warrants cma.ws, the strike price is 29.35 and gets reduced per each div declared. Also good till nov 2018! They sell for Aprox $7.50 a share. Go buy and be fools

(21, 22/820) 15%

P/E/ is incredibly high....almost a joke

Bought Puts.

The Fear Trade: Investors Pile into Gold and Treasuries
The Dow suffered its biggest one-day point drop in history (although not even close on a percentage loss basis) as investors moved out of stocks into traditional safe havens such as Treasuries and gold (GLD). The failure of Congress to approve the $700B bailout package stunned investors as lawmakers worked through the weekend and practically around the clock to put together a plan that was widely expected to pass. The Senate will return Wednesday night while the House meets again this Thursday following the Jewish New Year holiday recession.

In other signs of worry over a worsening global economic recession, the U.S. Oil Fund (USO) lost more than 10%, the Baltic Dry Index slipped to multi-year lows, the iShares Emerging Markets Index (EEM) was down over 11%, and the Market Vectors Steel ETF (SLX) was down over 16%. Very few stocks closed in the green today, but among stocks that I track BioSante Pharma (BPAX) surged by over 16% on over four times its average volume without any news releases to account for the move.

I plan to focus on the small and micro-cap biotech space since these companies trade in their own universe for the most part based on their clinical development activities regardless of the economy. I own shares of Cytori Therapeutics (CYTX), which had a mid-day surge in the midst of the market sell-off, but still ended the day in the red on light volume. Overall, I am still very cautious on the market and will keep most of my money in cash until the market stabilizes as the velocity of today's downturn around mid-day was unsettling.

Look at where they do business. Nuf said.

Detroit lender has moved headquarters to Texas, certainly a better place to make real estate loans than Detroit. (One in six moving out of state are going to Texas.) Stock price has dropped substantially with the sub-prime credit confidence crisis. PE of 9.2 and dividend is 7.2%. Ourperform.

#11 yield in S & P 500 as of 04/01/08.

Comerica is not as productive as the rest of the banking industry. Since July 2007 Comerica lost 24+ dollars per share. That is not a very good return for the shareholder. I think something should be changed to benefit the shareholder or they should possibly merge with another bank!!!

Over the last 10 years when some bank stocks have increased over 400% and even the mediocre are up 50% CMA stands alone in being down nearly 50%.

The real strength of CMA had been their middle mangement. The bulk of these people have left. Senior management appears inept at identifying and executing any real plan other than milk the corporation until retirement of which the vast majority of senior management is rapidly approaching.

I believe Comerica is a good buy under 50 and that they do not have the residential mortgage exposure that other banks do. Yes earnings were off but I believe they are being dragged down buy the other banks. I bought today at 46.6 and they pay almost a 6% dividend.

Probably unfairly thought of as a Michigan bank, they are in many more states than that.

Cramer, Canadian Bank Takeover Target

High dividend yield, benefit from steepening yield curve and declining interest rates.

Move of HQ to Texas to be positive, and over-reaction to earnings report today

Historical performance has consistently been lower than SP especially the last 10 yrs.

Subprime loans bad for homeowners and business. CMA A WIN-WIN situation.

Lackluster management. Midrange price. Perhaps for the short term, but not the long term.