In the last couple days, tiny high risk bank stocks are beginning to run. After everything else has run in the market, these seem to be the last area to find cheap high reward profits. They are only short term swing trades but could return huge amounts based on their charts, setups and momentum when discovered. Some of these stocks are Pacific Capital Bancorp (NASDAQ:PCBC), Flagstar Bancorp, Inc. (NYSE:FBC), Dearborn Bancorp, Inc. (NASDAQ:DEAR) and Banner Corporation (NASDAQ:BANR). These all have solid charts though any penny bank stock is high risk. The volume has begun, look for these plays to start to catch up to the rest of the market. In addition, high levels of shorts could propel them even more on a squeeze.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
