Biotech Values

[rjmcanoe]

Dew bank convertions have been my 2nd favorite method of making money in the stock market after biotech and pharma stocks. 14 years ago I had 40 different CDs and accounts in co-op banks. It was a hassle the banks were always changing and i had to get my money back a couple time when they were turned over to the state. I did have several banks convert and I made about 100% on each.There have been very few offerings during the banking crisis.I did have 2 banks convert in the last 4 years BNCL which converted about the worst time june 2007 but I still managed to buy at 10 and sell at 12.5. The most recent was OBAF which ofened at 10 a little over 1 year ago and is 14 now. This is an interesting way to make money and in the right circumstances it is very safe investment.
Bob