First Sound Bank (fka FSWA)

[56Chevy]

To put FSWA's BV as it relates to its current market price into perspective - Would you be willing to pay 6X BV for C ? or BAC?

I'm sure the answer is 'Oh h*ll no'!..that would be my answer too! lol.

At some point fundemantals matter ...and when they do you'll see this drop to its rightful value. I don't mean that as a slam on the bank...I'm on record as saying I like the bank because of its management...but the current pps is way too big for its britches.

What would sober up some of these small-ball players? I can think of something that would do it in a heartbeat - If Management were to announce a reverse spilt. It could happen.

I'm not saying it is ...there's been nothing official said...but at some point management has to consider it.