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Sharpest tool in the Shed?? Norm seems very smart, yet his predictions kind of suck. He's been saying this for 6 months...The financial breakdown is facinating, but it doesn't matter if the economy tanks, or people just think it will shrink.
sbolo: Are you saying that you will not be consoled by improved loan quality and lower credit losses if the shares decline from here?
He's just "early". Interesting opposite opinion on BBT in Seeking Alpha which identifies BBT as a good short candidate with a target in the 20 - 22 range.