Jim Cramer vs. Bill Ackman: Two Bullish Calls on Regional Banks… One Poorly Timed

1/ Bill Ackman thinks “regional bank stocks are an incredible bargain now as long as the gov’t does the right thing” (Tweet).

• “This means that one of the great trades would be to buy regional bank stocks or ETFs here.”
• “And the massive decline in rates makes this an even better investment now.”

Another investor was bullish on banks — except his call was unfortunately poorly timed…

2/ Legendary Jim Cramer…

Since Cramer’s call last Friday, $FRC is down nearly 50%.

Since Ackman’s call yesterday, $FRC is up over 100% (from yesterday’s bottom).