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First Niagara Financial Group Inc. Message Board

  • sholley111 sholley111 Jan 24, 2013 10:09 AM Flag

    Doubled my holdings.

    I set my buy limit at $7.95 yesterday and it traded this morning. The regional banks are the next to move and FNFG after next qr will go higher close to $8.75 and should reach $9.25 - $9.75 by end of this year. I sold 1/2 my holdings in BAC after a 48% gain. FNFG inspite of management will do just fine. They could shock everyone and raise their dividend. We shall see. All aboard.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • They probably will raise to .10 based on earnings which will help. I just finished looking through the reports and this will rise no worries. I like the way the portfolio is shaping up and they seem to have costs under control with the margins. I like it and am back. I've traded on this stock for many years. The volume is rediculous, watch what happens when hedge funds stomp on the shorts and this hits green today. Take care.

      Sentiment: Strong Buy

    • More likely they will have a new secondary issue so they can buy Mayberry Federal Bank in rural PA. and they need 5 million $ to fire its CEO.

      • 1 Reply to hgl12692529
      • They are free cash flow positive. The only thing holding the stock down is people that don't know how to invest. The stock market is all about buying and selling but shorts scare people that don't understand fundamentals. I wait things out or as the stock goes 30 to 40% up I then take profits. The stock never should have broke 8 but people bought high and sold low which is fundamentally stupid. If you buy a stock wait for it to run up if not hold it all year and sell in december on a run for a stock loss. To buy something in Jan and sell it Jan with out a gain doesn't mean your an investor means your a gambler. Have fun on your posts. I always post where I buy or sell or don't need to post on sells when the stock doubles or goes up over 50% from buy as I assume most would leave as well. So since you posted Y? Do you own or do you short. I list when I short...

        Sentiment: Strong Buy

 
FNFG
8.33-0.09(-1.01%)Sep 30 4:15 PMEDT

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