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CRZBF - Commerzbank - Options Could Be The Way To Play The Tantalising Upside
Commerzbank AG
I last wrote on Commerzbank (OTCPK:CRZBF) in late September (article here) advising investors to cut losses following the unsuccessful speculative Buy recommendation I made in May (article here).
Since my September article the shares have been poor, being down 0.8% over a period where the European banking index has rallied 6% and bellwether stocks like BNP Paribas (OTCQX: OTCQX:BNPQF, OTCQX:BNPQY) have rallied as much as 20%. P/TNAV is stuck at an historically low level of just 0.25x.