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norweger1979

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norweger1979

Re: Enterprising Investor post# 17

Tuesday, 10/22/2013 9:23:00 AM

Tuesday, October 22, 2013 9:23:00 AM

Post# of 52
re preferred dividends

I believe the conv. preferred stock was sold to raise new capital, that comes with a cost to existing shareholders.

the capital ratios are improving, loan portfolio quality improving, another profitable quarter

book value $3.88 vs. market value of $2.60 (per share)

recently stronger BID support and buying @ ASK.

longterm hold & mold position for me :)

good luck!
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