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Cullen/Frost Bankers, Inc. Message Board

  • nomowk nomowk Sep 28, 2001 10:24 AM Flag

    The sky is falling.

    I expected some selling this morning, but this is insanity. The reduced earning's were already discounted in the fall last week with all the banking sector. Maybe I will look to add.
    Have a nice day.

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    • Well I got a buy order in, but the price rebounded too quickly for an execution at my price. At the price when I put the order in was $25. At that price, with nearly $19 in cash and no debt, the bank with $11+ dollars in book was selling for $6. This one sold off, as if there were never going to be a recovery from the recession. Maybe I missed a golden opportunity. I will revisit the numbers.

65.50-0.36(-0.55%)Oct 12 4:02 PMEDT