Since I have been posting along the trade on this blog, I will update it to say that I sold the final piece of my BPFH long inside 12631 earlier at $11.07 to lock in the rest of the win from my original $10.21 entry posted here last week.
The smaller financials/regional banks have seen a strong breakout but are now becoming short-term parabolic to the upside. I am looking to add back regional/small financial exposure on a healthy consolidation.
http://stks.co/hbhQ
Sold my BPFH, PBCT and KRE. Good trades
Well done, Ken.
I shall heed your warning and am also in agreement with you on this nice move with regional banks.
Taking profit here on an older core position HUNTINGTON BANCSHARES INC COM Acquired 09/02/2011 at $4.55
ahh..yes..believe it or not(?) have posted this position/holding in the past.
It has(finally) made a nice move way up and out of that upper 5~lower 6 range.
Status Filled at $8.205
Symbol HBAN
Description HUNTINGTON BANCSHARES INC COM
Action Sell
Order Date 07/02/2013, 02:02:45 PM ET
remain long much smaller lot from this last acquired shares HBAN.
Also, hold a few others in this space..some from those ugly lows way back when..plus adds along the way.. 😉 eg)Wells..have remained long for fricken ever, it seems.
**Have a great holiday, Chess.
should read^ oops!
upper 6~ 7 and pennies range..
hmm..sorry about that.
You too Sooz!