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Value Investing Contest - Banco Santander (SAN)
Posted by: Jean-François Nobert (IP Logged)
Date: September 10, 2012 10:30AM
I JUST REVISED MY ANALYSIS I DECLINE THIS STOCK FOR THE CONTEST IT WAS A MISTAKE.
The stock is too expensive, the risk are too high, base on a long historic review of bank expose to the same situation a long time ago, i see the risk too high for the possible gain it have in the long term.
First article post: September 10 2012 at price 7.69$ per share
Recognition of analysis mistake on September 25 2012 at 8.01$ per share
Stocks Discussed: SAN,