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Re: Zorax post# 9

Wednesday, 11/18/2020 6:53:26 PM

Wednesday, November 18, 2020 6:53:26 PM

Post# of 19
I've traded a lot of these small regional banks and often hold them for years, in which time they gradually usually appreciate, and with some, like UNTN there is the benefit of a divy.

The jackpot is often a buyout, and when they occur its often (but not always) over book value. For a bank like UNTH to be bought out at 1.5X book -- or around $45.00 per share is not out of the question.

This bank has been in business since 1934. Its a solid conservative investment.

Have you noticed the bid keeps creeping up -- but no sellers.

Keep in mind that it only took around 20k shares in sales to drive the price down to these levels. Looks to me like its going to rise from here.

Check out their FB page


It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.