Brooklyn Federal Bancorp Inc. (BFSB)

[56Chevy]

From an earlier post- Brooklyn Federal Savings Bank is distressed and under OTS supervisory as of Sept. 28th 2010 until 2013.

What can the chart tell me about the financial condition of the bank? What can the chart tell me that the OTS will do if the bank fails to meet their guidlines? What can the chart tell me about regulartory "events" that will impact the stock (good or bad)?

The answer- nothing.

I respect that you like/trust charts but I disagree that they tell a person who is interested in buying a stock, especially a distressed bank stock, "everything they need to know".

Charts are like using a Ouiji board when it comes to event driven investing. The future of this bank is in the OTS's hands...not the market's hands. Charts are for the market when everything is "normal". That puts this is a different light don't you think.

I have L2.