Even if you started buying when SAN was above $9 and continued buying and reinvesting dividend, you should be fine by now. As it goes higher your profit accelerates. This is a great long term hold.
Sell off partly due to news article about the plethora of sub-prime auto loans that SAN has on it's books. The default rate on loans has doubled and used car prices are going down so bank reaps even less profit on sales of reposessed cars. Could get worse.
On the other hand...Banco Popular said it had received interest from several rivals about a potential merger with the lossmaking lender, raising the prospect for further consolidation in Spain's banking system.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
Do I see a 7?
Cramer got me in this stock in 08. what an idiot
03:00 EUR Spanish GDP (YoY) (Q1) Actual 3.0% Forecast 2.9% Previous 3.0% 03:00 EUR Spanish GDP (QoQ) (Q1) Actual 0.8% Forecast 0.7% Previous 0.7%
strong results this morning 😆 let's see if we surge 💸💸💸
Did SAN just declare a .45 dividend?
run a chart of san vs eufn ytd. San almost dbl's performance of eufn!!
stocks doing fine plus great dividend
Technical trading pattern seems to work well here. Strong buy at stoxline. On watch for clear above 6.23.
Analyst says Brazil bank subsidiary pull-back is overdone.
Santander Brasil Upgraded; Valuation Is “Missing Piece” For Outperform Rating
Shares of Banco Santander Brasil (BSBR/SANB11.Brazil) have fallen 22% in the past 30 days, and now it’s time to buy. Or at least that’s what Credit Suisse analyst Marcelo Telles says, citing and attractive valuation as the “missing piece” to his deci
Why "O" Why is this stock going down ?. They just settled a court case with Portugal that gives them 1.7 B. This happened this week ???????
so CRAMER was recommending SAN stock last night as a good way to play Europe, and stated that Spain was rebounding more quickly than the rest of Europe, but he couched the bet saying also to buy some euro stock EFT products.. I still think the JAN 2019 7 Call is a good deal. ( yes I am long SAN). Banco Popular got hammered a few days ago, so be careful in the bank stocks for Spain. IBEX has done well. I have heard that BAIN is also in country doing some venture work and buying some companies . any confirmation of some of those transactions?
This is from Zack's April 4: "Investors in shares of Banco Santander Brasil SA BSBR need to pay close attention to the stock based on moves in the options market lately. That is because the Call which expires on Apr 21, 2017 for the $7.50 strike price had some of the highest implied volatility of all equity options today." Anyone who can interpret this?
The upside potential for SAN just got a whole lot more interesting. have you guys heard of a.awesomestocks. i started receiving their allerts and so far i am happy.
So,what do people think about Jim cramer's comments on SAN? London bankers moving to Spain. Yes, the weather is better. Aside from that? look forward to your thoughts and comments.