Omnipotent Smith Barney Citigroup downgrades CFR stock June 10th.....CFR stock reaches high of $45.19 for year on August 26....Almighty S.B. or just plain old ordinary B.S. Could another stock split (2 for 1) be around the corner (say after Nov. 2)? Does $54.82 (6/99)look that far away now?(Again as DavidScatt from CA said from last year, I would appreciate more than a 3rd. grade response (i.e. - newby777) Thanks)
Unless earnings improve, your 1999 $54.82 CFR stock price looks like a long way up to me.Don't know David Scatt, and don't particularly want to know David Scatt...but personally, I had a blast back in third grade. Even kissed my first girl that year.Not all bad!
CFR is a better buyer. They have the capital and have had no hesitation saying they are looking.
NCC is shopping for a buy. Why not CFR?