Regional Banks soaring

UCBH up 192% from late June low. UCBH is classified as a regional (but it's really not.) For more on UCBH see my UCBH thread in the Stocks forum.
 
the diversified reginal etf are dangerous. charlie munger was all bullish on regional banks a while ago. they didnt do as shitty lending as the big banks
 
Quote from Kicking:

I thought the regional were some of the most affected by subprime mortgages and other problems .
some are toast, others are opportunities we wont see in decades
 
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