3 Stocks Hitting Low Notes

• Report this Comment On January 16, 2009, at 8:03 PM, Rodman88 wrote:

  Zions is definitely at bargin basement price but it is no bargin. A year and a half ago it was at 89.00 per share,but is a stock that has gone steadly downhill every since. I sold my last 2500 shares at 17.00 today, a loss of 71.00 per share or a total loss of 177,500. I would surmise that it will be below 8.00 per share when it declares its dividend on 1/26 as it has several large write offs that are just now surfacing . Then too, management in the form of bank officers and directors seem to be unable to manage the on going problems or correct the sliding value drop. MY ADVICE; while most financial institutaions are showing poorly, this is a company you want to avoid as it may very well be the next large bank chain to go under and there are many, many other places to invest where you can realize a gain and/or profits.

• Report this Comment On January 17, 2009, at 2:46 PM, tiredofthebcs wrote:

  I highly doubt Zion's Bank would ever go under. They might have a few problems now, but being backed by the LDS church, I don't think they would ever let it get to the point of bankruptcy. They are pretty conservative, and centered around Utah where the economy of this state seldom faces the severity of the rest of the country. I could be wrong, but if Zions goes bankrupt, I wouldn't have my money invested in any stock.

• Report this Comment On January 18, 2009, at 6:20 PM, stangray wrote:

  I can understand dismay with a stock that someone unloaded with this market. Poor decisions loose big bucks, stay out of market with that kind of sell experience. Whoa, $8, seriously, I await with cash in hand. Thanks for the tip. Let's look in 60 days, maybe Rodman88 has his agenda.

• Report this Comment On January 26, 2009, at 4:39 PM, neutrons4uall wrote:

  I am with you stangray. I made 20% on Zion in the fall. Probably should not have bought them again until this week, Especially if you believe lighting never strikes twice in the same place. I live in UT and bank at Zion. The Big West/Flying J deal hurt a lot of companies. I believe Zion will come around.

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