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June 30, 2026
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the company is definitely not best of breed whether or not the government owns a piece of it. i would rather take a piece of jpm or bofa if i wanted exposure to a full suite banking model.
I added today near the close.... my average position is 3.65
I think it's a good long term buy. Treasury selling them off (which led to a 3% drop) should have already been priced in. Stock fell today because of Greece, so it's a nice buying point if you can hold onto it for a while.
Its a long term buy, but the treasury unloading their position will have short term effects on the stock price. I would buy now because you have the triple effect of treasury unloading a small stake, financials getting hit bc of GS, and market getting hit because of Greece.
FYI...Treasury has 7.7 billion share.
I plan on picking up some options when C is below 4.50.
I agree with previous posts.....it's a good longer term buy.
I would be worried about the effects of any reverse stock split that will surely need to happen sometime in the near future.
Reverse stock split. Are you serious? What could possibly be your reasoning for that?
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