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BB&T Corporation Message Board

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  • stockinformationrequested stockinformationrequested Aug 4, 2010 12:05 PM Flag

    BBT Question

    Short term thinking in my opinion. BBT didn't play ball and reduce their loan loss provision. They said they were positioning themselves with more asset sales in case of worsing economy. Thus, investors didn't see any short term upside. This makes BB&T a safer bank to own for preferred stock holders and will do better if economy worsens next year. I will be looking to take a common holding if it drops to low 20s.

 
BBT
38.05+0.53(+1.41%)1:56 PMEST

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