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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : JEF TAKING PROFIT

Date January 8, 2010    Comments Comments (1)    Rate this post Recommend This Post (54)   
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I took profit on JEF in personal trade account and this web site.
It was good 9% plus profit in less then 10 days of holding
Another good money maker
Have wonderful trading day
Tags : JEF  

1 Comment(s):

Author rjm77me     Date March 3, 2010 19:19 Abuse this post Report Abuse
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Has not done since Jan note - I am adding to personal buy list at $24 - do not own any thing at this time. $24 is $2.70 cheaper than my last sell.

It was upgraded today
Raymond James Financial upgraded to Buy at Maxim Group; tgt $31 (26.66 ) : Maxim Group upgrades RJF to Buy from Hold and establishes a tgt of $31 following their recent discussion with Steve Raney, the CEO of RJBank, the commercial bank unit of RJF. The firm believes credit quality deterioration for RJBank has stabilized and revenue growth is poised to return by mid 2010. Moreover, the firm expects net interest income revenue growth to return in fiscal 2Q'10, due to slowing loan run-off, and improving net interest margins. Management anticipates that the pace of loan run-off will slow in fiscal 2Q'10 and by fiscal 3Q'10 loan volumes will begin to grow again.
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