Re: Stocks
Lucko - I don't think Sam was looking for pure fundamental plays. Every (OK most) bank announced losses this year. I thought this stock fit the profile of one that moves within its range thus allowing for swing play of a week or so as she mentioned. And yes those numbers are correct but the key is that they still paid their 25 cent quarterly when many companies reduced their payout. This doesn't mean that they will always pay it but I wanted to mention the yield for the long term players.
I've been successful and unsuccessful with swing plays but for me it is kind of my gambling outlet. I just risk a small portion on these type of plays. If you want a real SWING play look at RIMM, it will move 6 points in a day, gotta love those crackberrys!
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