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BB&T Corporation Message Board

  • titanium_bikes_are_overrated titanium_bikes_are_overrated Dec 18, 1999 6:17 PM Flag

    Doc JunJun....Stockboy II....OldBanker.

    On Friday the DJIA set a record high, and BBT
    shares lost over 6% of their value on volume
    approximately five times greater than normal daily volume.
    Generally, bank share prices have headed south, some to new
    52-week and two year lows.

    Having said that, can
    you remember a time when the American economy was
    doing so well, and when the DJIA was setting new highs,
    but the share prices of bank stocks were headed in
    the opposite direction......down? I can not remember
    such a time.

    Inflation rate low....unemployment
    rate low....interest rates perhaps trending modestly
    up....no major wars going on involving U.S.....generally
    rising standards of living globally....economic
    conditions relatively good in Europe and improving in
    Asia............and bank share prices setting new lows. Is this the
    New World Order?

    What say you?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • been going, but it makes sense to buy now. I did,
      when yield is at the present rate, and the protential
      is there, do it. It's only money, and anyway, my
      grandchildren can spend it..... Merry Christmas and Happy New
      Year
      everybody!!!!!

    • Some people don't want to know the truth...and
      don't understand the changing environment....denial is
      not a river in Egypt.

      This does not mean BB&T
      is a bad company....but it ain't on the cutting
      edge!

      My aluminum bike hurts my back after 30 or so
      miles:-)

    • Someone sold these shares. Also someone bought

      these same shares. Only time will prove which was the
      best trade.

      You remember the last week in
      December last year BB&T experienced a big jump in share
      price. Maybe we will get luckey again this
      year.

      RW

 
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