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Synovus Financial Corporation Message Board

  • pdb.7000 pdb.7000 Aug 8, 2011 6:27 PM Flag

    I ask again.......honest opinions

    Anyone care to venture a guess at 6 month and 12 month in the future share price?

    Will Synovus even be in business next August?

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    • YANCEY JAMES D: Declared Holdings
      Company/Relationship Reported Shares Ownership
      Synovus Financial Corp. Common
      Director
      NYSE:SNV
      Total
      Insider & restricted shareholder transactions reported over the last two years
      Date Shares Stock Transaction
      3-Aug-11 75,000 SNV Purchase at $1.71 per share.

    • my 6 month target.........2.25
      my 12 month target........another banks shares or $2.75.......$3.25 is certainly possible....

    • I bought 10,000 late last week. Average price 1.67. I have been doing biz with them for over 10 years. They are not going broke according to their employees. I wish I had waited to buy these "options" til today but I still think I'll be fine 3 months from now. May pick up more shares in next couple days. I believe the reason for the huge drop was simply people selling for margin calls and low priced stocks are a favorite of young investors because they get alot of shares for a small price. I would expect more forced selling next couple days but then I think $2 within 60 days is probable. Just look at price over last 2 years, losses are less and less and it's at a discount to book value. Any buyout would be over $2.........my two cents

 
SNV
31.10-0.40(-1.27%)Jul 27 4:04 PMEDT