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tigerpac

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tigerpac

Re: Enterprising Investor post# 7

Wednesday, 07/18/2012 10:46:49 AM

Wednesday, July 18, 2012 10:46:49 AM

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Finally a profit from these guys.

http://finance.yahoo.com/news/california-republic-bancorp-announces-record-130000344.html

They did have their first bad loans in the auto loan sector, but they were minimal. It's to be expected in that type of loan business and the margins they make in auto loans more than offset the risk they are taking.

Sure wish the stock price would start doing something but I think with practically all the shares tied up by the IPO buyers years ago it's hard to find shares to buy.

They need to find some way to make their shares more attractive or get the word out better.
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