Banks in other countries with governments toppled by the U.S. banking system depicted in such movies as "Missing" with Jack Lemmon are super-suspicious of large American banks like Bank of America or Citi Group.
http://www.imdb.com/title/tt0084335/
This gave Banco Popular an edge until Richard Carrion spun off programming to form Evertech (NYSE: EVTC). Today Popular suffers from lackluster earnings in the 41st percentile. Its price rise over the last year has been lackluster as well but has picked up recently. This is important because the firm has been the target of large mutual funds in the past. It is also rising up off of a 6 year consolidation base. The stock could be purchased today for $32.28. If purchased a prudent stop limit order would be set 5.5% behind at $30.50. The stop limit order protects investors from flash crashes induced by program traders and dark pools. A small stock such as this is always a possible candidate for such an attack.
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