Oh yes wayyyyy overblown. It's a Federal Reserve Bank. FYI
Third largest. BofA bought into the company @19 Just recently Soros bought into as well. Using the Buffett school of trading. BUY WHEN OTHERS PANIC. Not to say there's no reason....plenty but I think at some point a Long term purchase outweighs the immediate dump. I take the tack that 3-5 years is the holding period for payback. I think both RDN & CFC will be rewarding....Hell even Washington Mutual who also has sand kicked in its face. Wait how about Citibank. Actually I like Citi but there's too much going on in the banking sector that isn't all washed out yet....write offs.
I don't work the option game. Hope you're doing great. ME! I haven't done it....can't figure the damn thing out...so I stay out. I like the buy and hold. Been doing it since 78