+ Watch CRZBY
on My Watchlist
Forgot to put this in CAPS when I bought it a couple months ago. Already up quite a bit since real money purchase. Another beaten down GERMAN Bank.
Remember when Bank of America was a couple bucks just a couple years ago?
It's the second largest German bank and has a price to book of 0.27. Somehow I doubt the Germans will let one of their own banks fail when they're bailing out Greece and Cyprus. I think this bank is now at the point where US banks were in 2009 and I'm hoping for a slow but market-beating recovery to its pre-crisis levels in the high 30's.
Hmmmm... Interesting. We need to watch this one.
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