CNP cnpr group
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  1. Coppertop137
    3,760 Posts.
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    07/10/08
    15:54
    Post #: 4354679
    Octain,

    believe it or not the banks are good at running on tight margins. To clarify, when I say tight margins I actually mean "tight" margins.

    I would expect 75-80 point of the 100 point rate cut to be passed on. I shouldn't be less than that. I would be surprised if it is.
    CNP Price at posting: 8.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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