Now refresh my memory! Was it not long ago that
one of the fine contributors was forcasting BBT at 40
by Christmas? It's the twelve days of Xmas thus a
price of 29 appears to be going the wrong way. Looks
like we all might have to turn to pig farming at the
I'm not retired - reason for having funds
BBT stk is from retirement pgm when I used to
for SNB. I really don't like that many
eggs in ANY
single basket but it is my
understanding I cannot
move the funds at all,
at this time. I totally
agree that BBT is a
fine company but it seems
pointless to stand
and cheer as my paper losses mount.
well, my daughter is upset at me, and so is sid,
Sid convinced me to buy orcle at
28 and I told sid to sell it today. I thought he was
having a stroke. He kept explaining them and what they
do and this guy larry who runs the company and why
he so smart. I dont even understand what a database
is, so why should I own it? I don't like owning
comnapnies unless i understand what there is business is
about. I know medicine and hospitals. I also know
I took my 9,100 dollars and bought BBT at 28 today.
Call me crazy like the family did. I love my bank.
Gotta get going we are going to an open house in a
ritzy neighborhood. I have promise to be on my good and
very best behavior. Which means only a few rum and
If you are retired and own a computer, you have
time to analyze the market,keep a close watch on it,
and trade in a manner to take advantage of this once
in a lifetime opportunity to cash in on the
technology age. Why do you have a significant amount of your
retirement funds invested in ANY bank? Get some balls and
quit being lazy! Good luck!!!
You have raised a good point. The board will tell
us that all banking companies are down and it is
just a part of the times. But when I put a pencil to
the numbers my 3500 shares had more value at 40 then
now at 29.50.
I once worked with a banker who
made this commment when asked how a bank made money if
it paid 8 or 9% for its deposits and loaned it out
at 6 or 7%. They make it up in volume!
guess this fellow John is trying to make it up in
volume. Put more paper out for people to sell and the
value will grow. Time to go figure. And yes the BBT
franchise is a good one but the real value is in ... what
is it doing for us now and when we need the cash.
How about a 6 for 5 split or something like that
I have been reading this board since I became a
stockholder of BBT by merger. Everyone keeps singing the
praises of BBT as I slowly sink into the West like the
sun... with the lowering of the share value.
of buying up little banks with "fat" cats on the
payroll, it's time for BBT to do something to improve the
value. Am I the only one experiencing this??? Sure I can
keep buying at the lesser price but I would rather
being improving my position otherways Any comments????