When HCBK hit record highs in 2008, Ron Hermance said what about Dow 31 and he showed HCBK's results vs the Dow.
Now a few years later HCBK is one of the worst performing banks since 2008 down 60%.
But YTD its the worst performing bank of the top 20. Down 56%. BAC is down 54% and Rejects financial is only down 48%.
Once i figured out this banks business model I have been saying to sell. This company only really comes attractive when its at $4 and other stocks rise. Even at $4 its not attractive when PNC is at $49.
Id rather own BAC too then HCBK.
HCBK just irks me with their no conference calls and poorly designed site its like no one cares.