Banks are just leveraged bond funds. 1% return is a lot better than -50%, which is what's going to happen to the other bank stocks when tail risk materializes.
In the meantime you've got the call option, as HBKS could be bought out ... so your risk-adjusted return prospects look excellent!
Why pay $400 per month for The Gartman Letter when you can just read the Heritage reports for free? I mean ... Hampton Roads must be the home of all the real financial gurus.