Short the Regional Bank?

Question

Is that the play? Well take a look at some regional Philly banks which are missing badly. Who does that leave? May be a good time to step in and make some easy cash. So far:

Wilmington Trust - down 22% since announcing dismal 2Q results
Sun Bancorp - down 9% today after reporting dismal results
BBT - down since announcing earnings

Looks like Fulton Bancorp beat estimates . . . one of the few.

Might be worth looking into who else is yet to announce and just short em. These companies don't have the trading revenue like the big boys to offset their crap commercial portfolios.

VirginiaHoldem2 · Answer

Is that the play? Well take a look at some regional Philly banks which are missing badly. Who does that leave? May be a good time to step in and make some easy cash. So far:

Wilmington Trust - down 22% since announcing dismal 2Q results
Sun Bancorp - down 9% today after reporting dismal results
BBT - down since announcing earnings

Looks like Fulton Bancorp beat estimates . . . one of the few.

Might be worth looking into who else is yet to announce and just short em. These companies don't have the trading revenue like the big boys to offset their crap commercial portfolios.

LeRinkRat · Answer

forgetaboutit. &#xD;&#xA; &#xD;&#xA;don&#x27;t short ANYTHING right now. the whole market has gone "koo koo for cocao puffs" un the upside. I just ate a dime&#x2B; loss in QID&#x27;s and feel lucky to get out where I did because it&#x27;s down even MORE.&#xD;&#xA; &#xD;&#xA;btw, they have gone "gay for the gamers" again too although there is NO WAY the fundamentals, esp in Las Vegas, can justify these prices. bears keep shorting (esp WYNN and LVS) and keep getting it shoved up their ASS

KOAJ · Answer

agreed rink, none of this makes sense every earnings report i read, i see revs down 30% but costs down as well so thats the justification for the pop? i dont get it

VH - regionals will get killed when commercial RE goes bye bye

Short the Regional Bank?

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