FISI LongTarget: $33.31
Entry Point: $22 - $23
Risk/Reward Ratio: 9.65
Potential Gain: 49% +/-
4.63% Dividend Yield
FISI trade ideas
Financial Institutions, Inc. Announces Stock Repurchase Program!FISI: Financial Institutions, Inc.
2020-11-04 16:05:00
Financial Institutions, Inc. Announces Stock Repurchase Program
I know, it's scary… But it's on my watchlist. This is one of my favorites in the industry.
It's overall solid. I plan to buy this year.
I think positive future earnings are priced in so I'll wait for people to be disappointed by Q4 :| (If they're not, it's an even stronger buy)
It's at about $0.70 on the dollar according to my latest valuation. I'm kinda waiting for the earnings, really.
It's been pretty solid over the last decade, before 'rona. I don't see why it wouldn't in the future, in fact I believe that it's bound to go up despite the apparent "wedge".
I need to look deeper into the background of the company before really committing.
I may buy before finishing my homework, in which case I'll use a stop loss.
Please don't rely on my opinion. Do your own research (especially since I'm not done with mine)
FISI- Insider BuyingPlease look at chart, believe that this stock will go up at least $3.00 or $35.00 by end of year. Maybe, buy stock or option would work for you. When a cluster of insiders are buying, there is only one direction that train is going which is bullish/buy. Will look at covered call options, with buying stock for next 30 days to 60 days expiration options. On chart shows the Elliot Impulse Wave 1235, which I believe is on the 2-3 wave up, for rest of 2017. Good luck w/ trading.
