Albina Community Bancorp (ACBCQ)

[56Chevy]

I don't like being a buzz kill...trust me I'd much rather be wooo-hooing it up with everybody that shareholders got $8 bucks cash.

We'll wait for something more official but in the meantime I think ACBC's shareholders will do very well over time. The ACBC story isn't over. I think it's just beginning actually.

They have a lock on a low-float stock.

Both banks have the deep support, commitment and backing of Mr. Steyer and Ms. Taylor. They aren't going to let this fail if they can help it. I'm sure they have plans bigger than ACBC.

OPCB applied to be a Bank Holding Company and it was granted. So I think it's safe to surmise they didn't do that just for grins. I'm sure its part of a masterplan.

My guess is they're looking for other banks to roll up. Its just a guess but thats' what they NEED to do. They need to get the entire OnePac Bancorp umbrella of companies to at least $1 Billion in assets imo. Right now they're a 2 bank holding company. That may not stay that way forever and can be easily changed.

So they've got work to do....they're only up to about $350MM in assets now. Long ways to go. I would hold on. This isn't over.