Forgot to cancel a limit order so, I guess I'm back in again.
Really hard to find any info on this bank, & this C&D (cease & desist) order it's under had me bail @ .16 when I had a .30 & .20 position @ the time so, we'll see.
With the California economy, especially in the Dago area as it is, I see nothing positive in the future to for such a small bank.
I'm a union electrician in Cali & the Dago area has been dead for quite a while now. Perhaps the foot IMPC made in the east coast is a step in the right direction.
I see this stock as a "through a buck or two" @ it see what happens in a year or so. If it flops, it was "slot-machine-mad-money" any way, no big deal.
Can't find any info at all about why the steady dive since July 2007 when it was a $50 stock.
I'll keep an eye on this one & see what it does.
I tried to sell when it was up to .70 a few months ago but the bid price was only like .30 so, like I said, it's a buy & forget for now.
