BB&T Corporation Message Board
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Please enlighten me.
Everything that I have read this morning appears to be VERY positive for BBT. Open at 27.62 and then drop like a rock???? BAC up 5%, C up 1.5%??
Who is manipulating this stock?-
the stock isn't cheap
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Management has been trying to hide problems and misrepresent actual performance.
Manipulation by management should be your concern.- 1 Reply to rvmir
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Oh please. Spare us your nonsense. Let's see....EVERY quarter during this recession they have shown a profit. When do you think they will let the cat out of the bag on their awful performance? Please get real.
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It's been this way for quarter after quarter. BBT has stellar reports, the stock goes down. The stock market analysts are nothing but manipulators.
- 1 Reply to marifry
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Lots of times, share price will run up in anticipation of good news. Then when the good news hit, some of the holders that bought "earlier" in the anticipation cycle sell, take their bit of gain and get on down the road.
Otherwise refered to as "buy the rumor, sell on the news".
Barron's ran a feature on BBT recently which was very positive indicating a target of $35 for this year. A 20% return in one year would be quite decent for patient folks.
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