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Cathay General Bancorp Message Board

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  • lex3y lex3y Jul 25, 2008 11:33 AM Flag

    caty v ewbc

    CATY stock will suffer.

    Lack of PR. CATY is worth slightly more than EWBC. EWBC just lost $25 million and CATY just made $19 million.

    Stock will suffer and institutions will sell. Look at UCBH, they are aggressively pumping their stock price even after a huge dilution and huge problem asset increase. People buy in to a story. The problem here is that CATY won't do PR. Investors lack confidence that management will keep the stock price up even if they report profit.

    EWBC has Julia out there talking nonsense about east meets west when they have a huge portfolio of Inland Empire loans. Analysts love that crap. They are purely media driven and knows nothing. Buy UCBH instead because Tommy knows how to bs with analysts.

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30.02-0.19(-0.63%)Oct 26 4:00 PMEDT