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Post by The Goose on Sept 1, 2009 11:55:03 GMT -5
Very cheap stock but it's more of a spec play. If you missed the recent run up, it's pulling back quite a bit. I have no entry point right now because it's the first pullback. I see this one in double digits in a few years. Bank will not go under because government will save it. Didn't go into bankruptcy when it was at $1 so I think it's safe to get in. It's one of those, "can't get any worse, imagine where it will be when the economy gets better" stocks. Go in with a few shares and just keep buying on the way down.
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