Saturday, March 2, 2013
Regional Banks in the Southeast
Check out the chart above. It's a chart for stocks of regional banks in the southeast since January 1 of this year.
On January 8 of this year, I wrote about investing in regional banks especially in the southeast. How prophetic am I! But seriously, I never thought that the breakout would be so sudden. Back on January 8, I thought you could get a 30% roi on your investment for the year. Well, I'm doubling that estimate. It is awesome when you can get in on a move where your stocks could double. Ride this wave!
You could pin up a list of these regional banks on a wall and throw a dart and that stock will almost definitely go higher. But to be more precise, I especially like Popular, Virginia Commerce Bancorp and Seacoast Banking Corp.
Good luck y'all and don't forget to ride the wave!
Posted by Scandal Spy at 1:48 PM