Small Banks

**igt500** Sat May 19, 2007 11:25 am

Small Banks
Hi Blast,

I'm curious.. quite a few small banks are near 52 week lows.. do you know the reason? Is it due to sub prime issues? or are there other reasons?

Thanks

**blast_investor** Sat May 19, 2007 6:19 pm

Hi igt500:

This could be reason as you mentioned. Certainly lots of banks were invovled in sub-prime lending, and could be in deep trouble.

I usually shy away from financial stocks because of risk and hard to understand derivative problems. Usually I do not spend time studying the banks. Not my areas of interest, but I would be interested in learning this sector

**blast_investor** Mon May 28, 2007 3:05 pm

It is very dangerous to invest into a bank without thorough research, without knowing exactly what bank is doing behind those deposits.

NetBank (NTBK) used to be very famous internet bank, the stock was as high as $60 a share, now it is $0.33 a share, and likely to go bankrupt and delisted.

http://finance.yahoo.com/q?s=NTBK

NTBK is example of risk of small banks.

**aquaswim47** Sun Jun 24, 2007 12:16 am

Hi
In the small bank world, I like SOV since it has great management. Try this stock. I also like BBD (which is a Brazilian bank).