3 Stocks Hitting Low Notes

• On September 15, 2008, at 3:45 PM, JenSaysThis wrote: Report this Comment

  Banco Santander - STD - also hit a 52-week low today. Thoughts on that anyone?

• On September 17, 2008, at 12:28 PM, 20MalbecRoble05 wrote: Report this Comment

  JenSaysThis,

  STD covers many parts of Latin America such as the huge markets of Chile, Argentina and Mexico. It's definitely worth keeping an eye on it and the other Spanish banks that do business throughout Lat Am. which is generally underbanked. That's why there is huge long term potential over there.

• On September 22, 2008, at 7:11 PM, SteveTheInvestor wrote: Report this Comment

  Seems like AIB falls into the "dreadful stocks to avoid" category, being down almost 70% from it's high. Every time somebody here pumps this stock, it drops further. It's down 20% just since this article was written last week. I'm beginning to wonder what will happen to their dividend as well.

  I hate to think where the bottom might be. The whole thing is a bit unnerving. Fortunately this is one I don't own.

• On October 07, 2008, at 11:33 AM, 20MalbecRoble05 wrote: Report this Comment

  STD is definitely a major Latin American player in banking. I'd keep an eye on them since LatAm is soooo under banked and under credited which will go along with their long term growth. While in Argentina, I noticed how well STD markets themselves by making credit card agreements with supermarkets and electronic stores, giving incentive to people who want some kind of discount on the inflation bitten food and overtaxed electronics. I don't like how they charged a 5U$D monthly maintenance fee to customers with a basic account. That seemed unattractive since they would be charging you to keep your money in a high inflationary environment instead of rewarding you with a decent interest rate. I don't understand that but it's another way they make money. They seem conservative. Out of all the banks, save Banco Macro it appeared to me that STD was the most well managed and ubiquitous. Oh, aside from Arg, I've seen their branches all over Chile and Mexico and of course Spain. Spain and their banks have a competitive advantage in capitalizing on future LatAm economic growth.

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