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First Niagara Financial Group Inc. Message Board

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  • newdayjoac newdayjoac May 1, 2009 3:02 PM Flag

    I bought at the high in $14.. OMG...

    any idea of some smaller banks fnfg will buy out in the local area ?


    fnfg is sitting with huge amount of cash

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    • That is a great question, and they are sitting on some cash.

      Maybe ROME, or Alliance. Really if i knew the answer I would be buying regionala. These banks are not suffering, so I really don't know.

      In Saratoga County they are expanding. New branch there and a good market. It's a guessing game.

      If we get another strong pullback, I will be buying more.

      The honest truth is I do not like CRAMER. he is like the kiss of death. He does have some good calls and this is one of them. Short term he kills them.

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