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Raymond James Financial, Inc. Message Board

  • jwrtampa jwrtampa Mar 3, 2009 8:52 AM Flag

    Tom James to retire

    In the news this morning. TJ to step down as CEO in a year but remain Chairman of the board.
    His conservative approach is one of the things that got me interested in this stock.
    A few years ago, I was beginning to think he was too conservative and getting behind the times but recent events has proven his leadership was correct.

    Laughter is bound to jump in with something like he is abandoning a sinking ship but I'm thinking he is getting a little too old to deal with the daily grind and wants to turn the reins over to fresher minds.

    Any thoughts on the future of this company?

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    • Tom has a heart of gold but he did surround himself w/ idiots .

      This new guy seems to be a step in the right direction at first glance but the economy is still toast .

      RJF is basically just a mutual fund and annuity retailer .

      We are heading into a depression .

      I think we will see the stock at 4 to 5 by year end if not summer .

      There are better shorts than RJF but shes sure as hell NOT a buy .

      Good Luck .

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