Most if not all bank stocks are solely relying on the TARP fund. Since only one portion of this has been seen, bank stocks have dropped to all time lows. Due to bad write offs still on their books. After the release of the second portion of TARP, this stock should be around the 2.50 to 3.75 USD range. Considering at 1.58 to 2.75 USD give or take. Your yield should be in the 40% to 45%. Very nice if you got a couple thousand on standby.
By second quarter or mid second quarter this stock should be arround 11.75 - 12.25 USD range. At 9.36 USD, figure your only talking 90 days, you should yeild 20% to 30% on your original investment. Not bad if your investing a couple thousand dollars.
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