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Re: Knowledge is King post# 339

Tuesday, 01/26/2010 1:53:46 PM

Tuesday, January 26, 2010 1:53:46 PM

Post# of 358
KIK, (On CVLY) I know I'm not 10bagger, but I will share with you my opinion.

At first I got real excited they earned .21. Growth in Interest income. Has a dividend, trades at huge discount to book value.

Then I seen something I wasn't very crazy about is the constant rise of nonperforming asset, to me that is always a sign to not like.

CVLY (Non Performing Assets)
q4 08 1.83%
q1 09 2.92%
q2 09 3.29%
q3 09 3.98%
q4 09 5.33%

Maybe it is me just being picky, but I do not like CVLY for this reason, and would not buy it. Wishing you the best with CVLY. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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