The South Financial Group, Inc.

February 22, 2010 11:00 ET

The South Financial Group on the Brink of Recovery

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2010) - The South Financial Group, Inc. (NASDAQ:TSFG) -, the news portal which covers the latest Wall Street developments while delivering financial and investment intelligence to a community of highly informed investors, has issued a special independent research coverage on The South Financial Group, Inc. (NASDAQ:TSFG).

After being the subject of dilution the last couple of months, The South Financial Group looks to have a major rebound from current levels, as technical chart analysts place the stock on major focus for the next couple of days. "It is a rare occurrence to find highly undervalued plays which could turn the corner in the blink of an eye, and The South Financial Group is certainly one of them." noted Michael Vlaicu, President and CEO of MIV Investments Inc.

Extensive research was conducted, thus MIV Investments Inc. has initiated a strong Buy Rating with a short-term price target of $0.57 for the company's stock, paired with the highest level of confidence. "Our team found this stock using our specialized Stock Market Screener, a key feature of our infamous Gold and Platinum subscriptions packages." added Michael Vlaicu. "The company has been heavily shorted the last couple of months, making it very susceptible to a short squeeze once the buying pressure initiates."

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