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Tue Jun 24th 17:23 PM
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Is Regions Financial Due for a Bounce?

I've been buying Regions for the last nine months... Yeah, ouch. But I think it is near bottom and agree with Mr. Miller's analysis: This selling is overdone and most of the bad news is priced in. A drop in the dividend - which Regions has never had - would hurt, but the upside from there is significant. I'm buying more before July 22. If the stock bombs on that day, I'll get even more afterwards. I hate to buy a negative momentum stock, but I think the market has this one wrong. We'll see on July 23...
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