Date updated:08-06-2008
The traders offered up some bank trades following the news that Tosca, a $7 billion hedge fund took a 7% stake in Washington Mutual.

-
WM
Waste Mgmt Inc - $32.30
- +0.40%
- $32.13
If you look at the risk reward around Washington Mutual (WM), I think it’s ridiculous, just ridiculous, says an exaspirated Karen Finerman. Unless they go out of business (which she thinks is unlikely) there’s a lot of money to be made in this stock.

-
MER
11.88 - $11.78
- 0.00
- $11.78
In the financial services sector I’d look at Merrill for a short term trade, adds Guy Adami.

-
DB
Deutsche Bank Ag - $73.38
- -2.69%
- $73.29
I’m more bullish on Deutsche Bank (DB), HSBC (HBC), and Barclay’s (BCS)says Tim Seymour. It doesn’t seem their write-downs will be that bad.

-
HBC
Hsbc Hldgs Plc Ad - $60.91
- -0.94%
- $60.66
I’m more bullish on Deutsche Bank (DB), HSBC (HBC), and Barclay’s (BCS)says Tim Seymour. It doesn’t seem their write-downs will be that bad.

-
BCS
Barclays Plc Adr - $20.27
- -2.36%
- $20.07
I’m more bullish on Deutsche Bank (DB), HSBC (HBC), and Barclay’s (BCS)says Tim Seymour. It doesn’t seem their write-downs will be that bad.
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A. golds gonna have a blow off top. when it
goes parabolic you'll know its time to
leave.
A. The only one I own : SLX,
too hard pick a winner out all of them
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