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.
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.
