Allied First Bancorp, Inc. (fka AFBA)

[genlou]

Salty, we may see $1.00 soon. Maybe, you will have a down payment for your Rolls soon.

[SaltyMutt]

I doubt that it will do me any good but I just placed a .25 bid.

[genlou]

Salty,

https://www.google.com/maps/uv?hl=en&pb=!1s0x880eeee988b77a5b:0x35f937a2a0825728!2m5!2m2!1i80!2i80!3m1!2i100!3m1!7e1!4shttps://picasaweb.google.com/lh/sredir?uname%3D114090752421594765345%26id%3D6135360751396935554%26target%3DPHOTO!5sallied+first+bank+-+Google+Search&sa=X&ved=0CHgQoiowDWoVChMI1-j22c2zyAIVA6w-Ch3zuwZo

[SaltyMutt]

I'm thinking about putting in a .25 bid.

[genlou]

Salty, AFBA .39.

[genlou]

Salty, that would be great!I am looking forward to AFBA Call report.

[SaltyMutt]

I think the pps for AFBA will be in the 2.50 to 5.00 range in about a year. Now this is based on nothing more than a "feeling" but I think it's at least an "educated feeling". Considering it has very few assets, the bank is massively profitable and the OS is far less than a million shares.

Investing like I do should never be tried at home alone.

[genlou]

Salty, not only do I hope you will get lucky,I also hope AFBA will pay for your new Rolls.

[SaltyMutt]

I just put in a .15 bid for 10,000 shares. I doubt that budges anyone into selling but, who knows, maybe I'll get lucky.

[SaltyMutt]

I just put in a bid at .12. If it fails to fill I think I'll put in a bid at .15 on Monday. This could easily be a dollar stock in 3 or 4 weeks.

[genlou]

Salty, nice...I was unware the pps had moved up.

[SaltyMutt]

It appears that we grabbed the last of the really cheap shares of AFBA. I guess what we do now is sit back and enjoy the ride to Buckville.

[genlou]

Salty, I place another order for shares of AFBA yesterday.My first two orders expired without being executed.

[SaltyMutt]

a very low OS, only 511K shares

+ more good quarters like the 1st and 2nd

= We'll soon be in the Rolls of our choice

[genlou]

Salty,good to see AFBA pps moving up.I believe AFBA will be profitable again this quarter.The bank's profit increased last quarter.

[SaltyMutt]

It looks like AFBA is on the rise. If this bank can keep their quarterly reports looking nice I think the pps could rise well above the two buck level in about six months.

[SaltyMutt]

No one from the bank called me today. I will call them first thing in the morning.

[genlou]

Salty, I am glad to see your post on AFBA.I also believe it will be tough purchasing shares at .10.Yet, I would love to pick up some shares for .05.

[SaltyMutt]

I'm beginning to get the feeling that getting more shares at .10 is going to be tough.

[genlou]

AFBA FDIC Certificate #: 55130

[genlou]

Allied First Bank is Oswego's only true community bank. We are the "High Tech Bank with the Home Town Touch" with a full range of consumer, commercial, and mortgage products and services.

The bank is a centerpiece of the community with its creation and sponsorship of the Oswego CrossTown Challenge, Oswego Triathlon, 20 annual scholarships to graduating seniors, and much more. Stop by to see what makes us different!

Website

http://www.allliedfirst.com
Industry

Banking
Type

Public Company
Headquarters

3201 Orchard Rd Oswego, IL 60543 United States
Company Size

51-200 employees
Founded

1994

[genlou]

https://www.depositaccounts.com/banks/allied-first-banksb.html

[genlou]

http://banktracker.investigativereportingworkshop.org/banks/illinois/oswego/allied-first-banksb/

[genlou]

Allied First Bancorp, Inc.

Oswego, IL
TARP Transactions

Original TARP investment amount: $3,652,000.00 (on April 24, 2009)
Outstanding investment $3,652,000.00 (Footnote 8)
Total cash back: $409,753.00 (May include dividends and interest payments not shown below)
Investment status: Full investment outstanding; warrants outstanding

[StockGod]

.03 X .10 today 1000 share volume.