PowerShares Dynamic Banking Sec (ETF) (AMEX:PJB)

CAPS Rating: 2 out of 5

Exchange trade fund

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Member Avatar Paramnesia1930 (74.77) Submitted: 8/18/2009 12:19:02 AM : Underperform Start Price: $11.52 PJB Score: +23.77

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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Member Avatar PearlandTX (< 20) Submitted: 7/13/2008 7:26:11 PM : Outperform Start Price: $14.85 PJB Score: -22.82

ETF that tracks financial / banking.

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Member Avatar HerM0ney (42.96) Submitted: 2/22/2008 9:18:01 PM : Outperform Start Price: $16.38 PJB Score: -18.92

PJB: I believe this sector will start to do better This is one for the long haul 3-5 years. This ETF is focus on 30 banking companies. ( BAC, WFC, FED, JPM, KEY, MTB, UMBF, UB, WFC ) The risk is a bit higher but the rewards will be like honey. I own this ETF and I compliment it with PGF. Patience is a virture with these two.
http://finance.yahoo.com/q/hl?s=PJB

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