That business he mentioned a few weeks ago about “suspending investing since all stocks are likely to fall now,” getting liquid, and finding a “safe haven” where you can draw the blinds and lay low until things blow over? Forget he ever said anything.

From: Richard Bove
Sent: Wednesday, August 24, 2011 10:17 AM
Subject: Buy Banks

A month ago on CNBC on two different programs I indicated that bank stocks should be sold. Now they should be bought. They have fallen too much.

Richard X. Bove

A line has been drawn- in the sand!