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BB&T Corporation Message Board

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  • dcvabanker dcvabanker May 3, 2005 6:48 AM Flag

    Days are numbered

    The only "stinky stuff" on this board is your memory.

    Read my previous posts. You would find:

    1) I used to work at BBT and enjoyed it
    2) I'm on record as saying it was a very good company. Still may be a good company, but from what I'm told by some 15 people (all FCL's), the place is sinking fast.
    3) I could care less what happens to BBT. I own it, have always owned it, I still buy it.

    This isn't about being unhappy. It's about owning 15 other regional bank stocks over the past 10 years and looking at BBT and seeing little to no growth relative to the others over the past 5 years.

    My post about US Bank is about as meaningful as you can get. The facts are BBT has been rumored to be on the block for some time now. US Bank has been the talked about suitor. Therefore, I share with this board that USB files for a $10b shelf offering.

    Now, if that's not meaningful and laced with substance, than I don't know what is. Tell me, what are your meaningful and insightful comments. Haven't ever seen you on this board.

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    • This is one person who liked your post, DCVABanker. BB&T is going to be sold one day. I think it will be sooner than later.

      • 2 Replies to alrightinvestor
      • alrightinvestor-

        Thanks. As much as I can tell by the profiles of posters, you and I are the only posters who live in and do business with BBT in the "new" markets in their footprint.

        While I respect Stil and Fan's affiliation with BBT and their NC roots, they clearly don't have experience with or understand BBT's performance in the "new"markets such as VA, DC, MD...which by the way are their largest EBITDA regions in the Bank.

      • Heck I like his posts too, along with Jims, and all others. Its a great source of laughter for me. But none of it means that BBandT is for sale, is gonna be for sale in the near future, nor is in any way looking at sale. In fact they are looking to buy in the future. None of it means that the board or executive officers are gonna change anything that any of the unhappy folks complain about routinely. None of it means anything except words on a screen just like mine. Mine however always seems to be true, become true, and remain consistent. And I always put da money where my mouth is.

 
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