Wednesday, March 17, 2010

Regional Bank Table: Final



This is hopefully the final table with the stocks contained in the basket strategy for Regional Bank Stocks. It does not include shares of New York Community held in the IRA and with a similar profit percentage as the shares shown above. /Added 50 NYB at $10.57 in regular IRA Added 50 NYB at $10.9 in regular IRA The yield at those prices indicated in the foregoing links is around 9% and NYB is currently selling at over $17 this morning, NYB: Summary for New York Community Bancorp. So the OG made the correct decision on that one to take it quickly up to the maximum $2000 level permitted in this strategy.

I am not going to add anymore names until I have an opportunity to review the 1st quarter reports.

I am moving into other areas now, buying shares in an Australian bank this morning.

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