Sun American Bancorp (fka SAMB)

[GEO928]

FORD....I not sure.....I will confess to you that I am NOT a chart guru by any stretch of the imagination....

but, more importantly....I see two things in play...

1) the bank's operations have to show improvement....or, we're going no where.....

2) I'm thinking we'll see a move at the mid point of the 1st qtr of 2010.....why? because of the deficiency letter from NASDAQ.....they'll lose their listing....

this traded over $2 for a long time.....they have to get it at least over a buck.....they have to do that in the first qtr....

3) I posted before that this runs a normal 3-5 cent spread at this level....although the volume is up....it's not fantastic....and I think we're looking at a minor case of MM manipulation to make a few sheckles....or, it could simply be a small "frustration sell-off"...


bottom line.....I don't know....but, I can't see why we should think something big is about to happen??