love the analysis by boo boo the bear here... RF follows the market. it has a good balance sheet, marginal NIM, improving local economies, and decent management team. its price to book ratio is only 0.75 which suggests it is a bargain - the only way it goes to $6 is with more action like yesterday....
Earnings on the 23rd is going to be interesting. I figure meet, or beat, we move up. Disappoint, then the old timers (yeah, me included, been in at various amounts since the early 90's, we seen the disappointments along the way). Some how, my good luck, didn't get in at $8.01, got it at $7.99, still not sure how that happens sometimes, but I ain't complaining. Now, 2 cents may not mean much for most, but 5 - 10 years from now, who knows?
Now, they announced the increase in the dividend, so figure that will kick in next divvy date, they probably announce that at earnings.
I just put in a buy limit order at $8.01, Either you wrong, or I am right, wait, both ways make me right. Still see about a $9.00 stock, got my tax refund so celebrating, buying some INTC (no limit,) at open, and RF if it happens to drop a dime. Only wish the refund from taxes was bigger, but then again, if it was I be loaning the government money to waste.