Saturday, March 2, 2013

Regional Banks in the Southeast

34.19   +0.95 (+2.86%)
-BKSE Chart

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! 

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