Thread: Financial stocks are really cheap right now.
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Old 07-14-2008, 03:10 PM  
teomaxxx
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Join Date: May 2003
Posts: 2,737
Quote:
Originally Posted by teomaxxx View Post
I should rather wrote, nobody knows what they will be worth...too many unkown things to buy finacial stocks...
Often even insiders have no clue (look on current stock price):
http://finance.yahoo.com/q/it?s=TMA
http://finance.yahoo.com/q/it?s=IMB
both of them are on the verge of bankrupcy now. And financials are still expensive, since the risk is still not clear and wont be clear for a long time still.
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