Replies to post #224 on Bank of Granite Corporation (GRAN)

[ownprivateidaho]

Tricky.....


GRAN gets 3.375 shares of FNBN
FNBN at this time is .42
GRAN at .65???

Private investors get FNBN shares @.16 putting a value
of .54 for GRAN

Carlyle closed a deal with CPF recently. They got shares
of CPF for .50, however BEFORE the r/s the share price was
1.51....3x!

Let's do the same scenario with these two banks FNBN & GRAN

They get FNBN @ .16....before the r/s if they are 3x that
FNBN would be .48(currently .42)

That puts GRAN 3.375 shares of FNBN for every 1 share owned
at a value of 1.62

Just sayin....do your research people.

I see buy price always gets filled even though the ask
price doesn't correllate...alot of sneaky market makers
out there playin with GRAN at the moment :)