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Re: Value_Investor post# 6

Monday, 10/24/2016 1:51:00 PM

Monday, October 24, 2016 1:51:00 PM

Post# of 2604
Book values don't trump accounting miscues...especially in a bank stock.

82% of the OS was held by institutional Investors and they cannot hold securities with known and admitted accounting irregularities.

A massive sell off was predictable and unavoidable.

Marker:
First Nbc Bank Holdi (FNBC)
$6.575 down -0.725 (-9.93%)
Volume: 634,042







Nothing in my hand I bring...simply to thy cross I cling --- Engraving on Hawaiian Missionary headstone mid-1800's.

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