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I'm going to continue my buying streak
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In my opinion the negative sentiment towards the finance industry is a transitory thing. Lending did not go away (banks are still making money), and I am not interested in sub-prime lenders anyway. In fact, the worst that I can see happening is that some banks may get cheap enough to become takeover targets. I will work towards doubling my positions in BankUnited and Associated Banc-Corp by requesting buys for 5% in each today, and another 5% if the price drops again. Buy BKUNA 3100 shares at $15.9 Buy ASBC 1700 shares at $28.25 I probably should have done all of my buying like this (in 5% increments). I am just used to working with smaller numbers and transaction based fees instead of share based fees. | ||
