Replies to post #7 on Ohana Pacific Bank (fka OHPB)

[56Chevy]

With small illiquid banks think "investment" not "trade". Patience is as much a prerequisite to entry as money.

You're buying a stock security but investors in small unknown banks would do well to view it as they might if this were a real estate investment. In many ways it's not really all that different. You buy it....hold it...and forget it. The exit opportunity to sell at a profit will come later.

The key is you're buying a dollar for considerably less than a dollar here. Since this is a bank in Hawaii it would be like buying a beach front lot at a nice discount...just sit back and wait for price appreciation.

If you need more liquidity this may not be your bank.