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Re: Entangled Proton post# 7

Tuesday, 04/06/2010 12:01:17 AM

Tuesday, April 06, 2010 12:01:17 AM

Post# of 23
Do you think Peoples Community Bancorp (PCBI), selling for 1 penny
as of today, and Irwin Financial Corporation (IRWNQ), selling for less than a penny also, would be a great buy??? Let me know, both of these financial institutions were taken over by First Financial Bank. PCBI did not file bankruptcy, but Irwin Financial filed for Chapter 11 Bankruptcy relief last year, but was sold to First Financial Bank before it emerged from bankruptcy in 2009. That means FFBC owns all their shares. At the Nasdaq website First Financial Bank reported revenues over $674 Billion dollars in 2009 on the
link Earnings P/S. Their earnings per share was over $5 dollars per share and dividends of .40 cents per share.

Therefore; I agree with your post, that FFBC, is an excellent choice of stock to buy as long as they keep it up and regulations are kept very strict as to not allow any more naked short-selling in the stock market industry.
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