Flushing Financial Corp (FFIC)
The primary business of the holding company is the operation of its wholly owned subsidiary, Flushing Savings Bank.
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Weakening Earnings Opinion
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PEGDY screen 9_18_2009
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Excluding the 19 biggest banks that underwent the stress test, banks with nonperforming loans above 5% had combined deposits of $193 billion, according to Bloomberg data.
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Insider trading says buy buy buy. Yield is great to boot.
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My target for Flushing Financia is 19.51. I used my new method for determining a fair P/E (based on G and K). The growth factor was extracted from the PEG found on the web. K was 10%. I hope it works!
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Check out its steady income flows. Flushing is flushed with cash and profits.
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I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!
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In anticipation of the eventual rebound of the financial sector. A little early for bottom feeding, but I am just indiscriminately putting all stocks that are tagged S&L.

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