Value Microcaps Zip Code Changers

[littlefish]

If the 3 operating units were allowed to be sold to private industry competitively and proceeds from sale used to pay back what's owed to govt without further constraints instead of being forced to wind down, the company's common could be worth a lot more but...

With govt control and legislative pressures to wind things down, it is hard to know the ultimate outcome/value even with their vastly improved loans portfolios, LTV ratios, improving home prices, etc.

I sold out of most on the big bump up starting early and was only lucky enough to sell a bit of a smaller position over $1.

Have a little left to play for swings/moves. Small banks have been doing well in the port too but only have a few of them left now and were always smallish positions due to complexity of figuring out loan ports/risks, etc.

The housing market has really shot higher since late 2011. Wish I woulda been more aggressive on real estate back then (drat). But stox are way less of a headache than real estate

Sorry, late reply.
All IMO.