DO NOT BE FOOLED AND KNOW WHAT YOU ARE HOLDING DO YOUR RESEARCH!!
I SEE SO MANY BASHERS ON FSNM EVERYDAY THE MORE I DIG THE MORE I COME CONVINCED THIS IS THE NEXT FITB LIKE PLAY. I WROTE UP A NEW ARTICLE ON MY NEW SITE ABOUT FSNM, IT's NOT READY FOR PUBLIC VIEWING BUT MY TRADING SYSTEM CONFIRMED THE BUY TODAY WITH MOVING AVERAGE BREAK> KEEP IN MIND THERE ARE VERY FEW SHARES OUT THERE. I DO NOT PLAN ON SELLING AT THESE DEPRESSED LEVELS, IN FACT IM READY TO BUY LOTS MORE.
I NEVER HAVE EVER SEEN ALIASNOTINUSE ON OUR BOARD, SO LET ME BE THE FIRST TO WELCOME HIM/HER, HOWEVER I WOULD HATE TO HAVE YOU SCARE PEOPLE OUT OF MAKING MONEY. SO WHY DON"T YOU PROVIDE A LINK AND ANY CONNECTION IT HAS WITH FSNM STATEMENTS. thanks the management-
ANYWAY I CANT WAIT FOR THE NEW SITE TO BE UP AND LOOK FOR AN EMAIL GUYS/GALS FOR BETA TESTING. THERE IS LIMITED SEATS AND WE WILL CAP MEMBERSHIP IN THE BEGINNING SO LET ME KNOW IF YOU ARE INTERESTED.
I M 99.9% FSNM WILL THRIVE AND SEE (2month target located on my site) in the short/intermediate term LET US NOT FORGET IT WAS A 20+ STOCK NOT TO LONG AGO.
here is some food for thought, do your dd and know what you are holding.
First Community Bank To our customers and friends in the community, As our country works its way through the current recession, we constantly read about challenges that banks everywhere are facing. We are fortunate that conditions here in New Mexico are better than most other parts of the U.S. Our unemployment and job numbers, two of the best indicators of long term economic health, are much better than average. Our housing markets, though impacted by the downturn, are faring much better, especially compared to some of our neighboring markets, and appear to be poised for a recovery. One of the unfortunate aspects of tough times is that the rumor mill gets cranked up. Virtually every day, we hear rumors speculating about the condition of specific banks in our state. Sometimes these rumors are about some of our competitors and other times, they are directed at our bank. For whatever reason, misguided and misinformed people spread totally unfounded and inaccurate information in uncertain times like these. We can only say that it is completely irresponsible and in some cases unlawful for them to do that. Throughout the first half of 2009, First Community Bank operated safely as an adequately capitalized bank. In late June, we sold our Colorado branches which restored us to a well capitalized status. That positioned us to absorb additional future problems. We made it very clear at our annual stockholders meeting that 2009 would not be profitable because of the existing economic conditions. We continue to support our community in a myriad of ways, with loans, monetary contributions, personalized service and the efforts of our staff, as we all work through the challenges that we face. We recognized our problems early on in the cycle, put in place procedures to address them, and are now seeing many positive signs for the future. We have been transparent in sharing our condition and our plans. We were well capitalized as of June 30th of this year, but even if we return to an adequately capitalized position, we can continue to operate safely as we did earlier this year. Adequately capitalized banks rarely fail, as the vast majority of banks being shuttered have extremely low or even negative capital ratios. We appreciate the support that many people and businesses in our communities have given us, especially in the past two years. We are addressing the loan problems in our communities aggressively but we are still making loans and your deposits are insured and safe in our bank. We will continue to give back to our customers and our community, as we always have. Sincerely, Michael R. Stanford H. Patrick Dee Chairman and CEO President and COO MEMBER FDIC Sunday, October 4, 2009
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