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Ron22

12/18/13 12:57 PM

#198 RE: BigCat #197

WOW. I'm out of pocket for two days and come back today to see this shi*! Yeah, we certainly got played on this one. That's why you can't put too much money in one of these plays. Unfortunately, I've got a big overload in CIBH. If that goes south, I'm screwed. Sold my 10,500 shares of ACBC this morning.

Good luck to all this holiday season with these little turnaround banks (maybe). Some of us might be getting more coal in our Christmas stockings this year. :)
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Ron22

12/18/13 1:13 PM

#199 RE: BigCat #197

Joey, did not get the letter in the mail. I agree that CIBH is in a better condition financially. I may buy some more if it goes below .40, but certainly hope it doesn't!
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rjbluesky

12/19/13 5:59 PM

#200 RE: BigCat #197

Guys, I've been out of ACBC for several months and took a small profit. I initially went into ACBC due to what I thought would be a triangular merge type situation with OPCB, ACBC, and Farallon Capital which was founded by Tom Steyer. Once I saw that didn't happen on the get go, I bailed. Hope those that wanted out got out with a profit or close to break even. Just chalking this up and moving to the next one. Good luck folks!