You just got to love my messages since they are so accurate. A month or so ago, I said to SELL at the high prices 67-68, this is way overvalued and INSIDERS are selling, ALL SALES NO BUYS, 22 insiders dumped 20% of their total holdings, THAT WAS MAJOR.
It was simple logic, Spock Logic. PNC was overvalued.....and the retail big brokers were putting out reports every other day, PNC rated strong buy or PNC reiterated buy, all the while, insiders were dumping.
Man o Man, was this easy to spot. Anyone else think same, Kiss My Messageboard. If not, would like to hear an alternate spin. I have made alot of money short BIG, MEDIUM AND SMALL BANKS. These are dangerous times.