[milwaukee mike]

this stock has been bouncing around between 2.50 and 3.50 over the past few months. had great earnings and has $5.88/share in tangible book value with no skeletons in the closet. they are very conservative and have probably gone way overboard in taking losses on the books.

if they weren't hindered by dodd/frank they would just buy back all the stock at a huge discount. but they can't so we can keep buying in the low 3s and selling at 3.50+

low volume on this one but you should be able to swing trade it quite a few times. anything under 4 is a steal long-term.

[milwaukee mike]

looks ready to bounce with some volume today - anything under 3.20 will look like a bargain in the near future

[BIGDAY]

Thanks for the heads up. Will most definately take a look.

[Madison]

this stock has been bouncing around between 2.50 and 3.50 over the past few months. had great earnings and has $5.88/share in tangible book value with no skeletons in the closet. they are very conservative and have probably gone way overboard in taking losses on the books. if they weren't hindered by dodd/frank they would just buy back all the stock at a huge discount. but they can't so we can keep buying in the low 3s and selling at 3.50+ low volume on this one but you should be able to swing trade it quite a few times. anything under 4 is a steal long-term.

Did quite well with SKF and a few others a few years back. The only trouble is swallowing the "short term" trading tax. I ended up giving about 48% back in taxes. Bites!

[milwaukee mike]

Did quite well with SKF and a few others a few years back. The only trouble is swallowing the "short term" trading tax. I ended up giving about 48% back in taxes. Bites!

wow what state are you in?
low tax bracket is only 15% federal and 7.75% wisconsin so about 23% total.
even the next bracket up on the federal would be 33% total.

to even get close to 48% you would pretty much have to be in the highest federal bracket and live in california.

[Madison]

wow what state are you in? low tax bracket is only 15% federal and 7.75% wisconsin so about 23% total. even the next bracket up on the federal would be 33% total. to even get close to 48% you would pretty much have to be in the highest federal bracket and live in california.

Mass. I think it was 30% or so fed income, 15% fed (cap gain), and I believe it was 12% state. Sux that not only do you have to be right but then they do the money grab. BOL.