First Bancorp (FBP)

[richme]

I was tempted to sell but Scottrade is not accepting sell orders presumable until the split is actual processed. Right now my account still shows that I hold 20250 shares and that may be the reason. What is more disturbing is that FBP may follow up with floating additional shares to increase capital (if that is the correct term). With such a short float we could find our 5.00 stock turn into a $2.50 stock and with panic go down to below $1.00 again. At this time I think that the 8100 share account is fine in terms of loss, if any, being minimal. GLTA