so 'the fix' was in to pump up financials until the new shares could be placed. Equity captured from private sources.
The TARP is then repaid and can be used to patch up the regional banks, who's stocks will rise dramatically now, correct?
Then the effect of the dilution is truly felt in the major issues?
Therefore, I'm long FAZ
okay, all insults aside (for just this post), what is your basis for it not going to $70. Here's a guy (sorry, we're not one and the same) who uses Fibonacci retracements and thinks it will go to 50% retracement.
Why, specifically, do you think it will not go there and what is your time frame?