July 8th, 2008
CNBC Bonus Bucks Trivia: On Monday, Rebecca Darst said banks were rattled by the options action surrounding which stock(s)?
On Monday, Rebecca Darst said banks were rattled by the options action surrounding which stock(s)?
This seemed to get under way on Thursday, in any event, with Zions Bancorp (ZION - Annual Report), after an analyst suggested that Zions may face mortgage defaults in Arizona and Nevada.”Darst said the options action around Zion sent ripples through the whole sector.
In the models I follow, Zions gets high marks for potential return and free cash flow, but scores poorly for earnings momentum, earnings quality and price momentum.
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