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Umpqua Holdings Corporation Message Board

  • qniform qniform Jun 23, 2008 10:37 PM Flag

    Quiet here again...

    Everyone licking their wounds, I assume. I wish we'd see some basing action. This price action is like chinese water torture.

    I'm about a thousand shares away from the maximum position I'll take in the stock, buying as it declines.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • qniform - I'm in the same boat. I keep adding and lowering my base - almost as fast as the stock price keeps dropping. Still I do not see any major flaws in the company - just awful sector and poor real estate market. As long as I don't see any long-term flaws, I will keep adding as the dividends appear solid (and unfortunately increasing as % of pps) and the pps will have good potential for growth when the real estate market improves.

      • 1 Reply to stephenhuntersmith
      • One might anticipate some up-tick in share price this week as the ex-dividend date is the 30th; yet with that said all eyes are on the banking news with housing numbers,forclosure and lower resale prices being reported daily.

        From what I have read, the regional banks are best positioned as a good many of them still required fair lending information before they tossed cash into the street just to sell the paper once it was signed.

        PUP

 
UMPQ
16.99-0.31(-1.79%)Nov 28 1:00 PMEST

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