This post was just published on ZYX Buy Change Alert. The new buy zone for SAN is $6.07 to $7.22. What To Do Now? Those holding about 25% may consider adding another 20% on any dip below $6.55. Those not in the stock may consider initiating a 10% tranche in the buy zone
This post was just published on ZYX Buy Change Alert. SAN is falling along with the Spanish market. The Plan SAN is a very long-term position and the plan is to accumulate on bad news. Currently 25% of the full core position size is being held, so there is plenty of
This post was just published on ZYX Buy Change SAN is one of the largest and cheapest banks in the world. We are bargain hunters. One of the reasons the bank is so cheap is because it is headquartered in Spain. A big portion of the bank’s profits come from outside
This post was published earlier on ZYX Buy Change Alert. Banco Santander (STD) is one of the largest Spanish banks. Spain is clearly in trouble. What is often missed about STD is that it has significant operations outside of Spain. The company is among the top 15 financial institutions in
It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise bold move, Draghi announced that the ECB is lowering its main rate from 1.5%