Cullen/Frost Bankers, Inc. NYSE Symbol CFR In S&P SmallCap 600 29-SEP-01 Industry: Banks (Regional) Summary: The largest multibank holding company headquartered in Texas, Cullen/Frost has more than 80 offices in various cities in the state.
Yup, I'm a real person. I also thought the reaction was a "little" overblown, to me the reserves demonstrated a "prudent and conservative" approach as opposed to some disaster. This is a very old company, in good shape and conservatively run. I'm pretty happy...now if only my SWC didn't disintegrate today, but hey I still managed to beat the market for the fifth straight day overall. Anyway, I'll hold CFR for a while, good things will come in due time.
Today was the day to buy - and I bought, a lot. Sold another local (to me) bank stock that had gone up in the last few days. I had actually never heard of this stock until today, but it was recommended by the only guy whose investment advice I follow. Here's the link: