Our Bank
@OurBank3
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The shareholders are the rightful owners. Management has a fiduciary responsibility. Proud #SHT member-Shareholders who Hate value Traps
Joined February 2021
$SUGR Tempo Bank -Sugar Creek Robert Stroh Jr- Give it up already. Sell this mess and turn the page on 46 wasted years! Have a beer instead.
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$NBTB director delaney sold over half his stock at $51 a year ago. He just bought back a quarter of what he sold at $41.
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Given that Laurence Bolchoz diluted his original $10 investors w/ a $7.50 raise in 2017, recently opened a branch in Orangeburg, it shouldn’t surprise that instead of rewarding $CCNB holders w/ an $18-$20 sale he’s leaning toward diluting them again. 💀☠️🪓💣
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$BBT CFO plugs his nose to the stench of Paul Perrault and buys some more. Given that has was making $1.2M and had a 2 yr CoC he still doesn’t own much……
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And the $15M Man, Director Hogan added a pinch of $PEBO distracting slightly the stench of Carol Schneeberger’s monthly sales.
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@Schornack 1000%. The real issue is that smaller banks do not control costs well enough to earn a return that the stock respects without taking the extension risk inherent in MBS. If they were running for their children and not worried about M&A or activists, the choice would be clear.
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We sure hope no veterans (or widows or orphans) invested in $ASRV in 1998 or in any of the years after!
When money is tight, remember that survival mode is temporary. With the right steps, such as covering essentials, talking to creditors, and saving small amounts, Veterans can move toward stability. Share today’s #VeteranSavesWeek theme of Survival Mode Spending with your network.
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@silver52384 @JustBankStocks @OurBank3 @BankInvestor15 Can’t do that. Wouldn’t put it past and ibanker pitching them on the idea and doing it for its own account. Which would be illegal too, but less likely to get caught
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There are directors and then there’s Sally Pope Davis. She ran the small and midcap financial book for Goldman Sachs asset management for a few decades .
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The failed yogurt shop owner Susan Barrett wouldn’t invest in Cornerstone Bank (other than to convert her small debt position into a few shares) but here she is buying a token of $BPRN in her IRA.
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@chasesfish @OurBank3 @AureliusValue in prepared remarks & again in Q&A, son flat out _told_ C. Mealor KBW analyst downfall of D.C. CRE was _structural_ (w/no rebound or foreseeable hope). 'Class A' Susan lives & breathes CRE. Bank undergoing makeover and now putting a gun to Susan's loans/clients & pulling trigger
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@OurBank3 @AureliusValue The next thing you need to know is the average deposit rate. Hint - it is so high that clearly the customers bank there only because they are paid to and not because of service or acumen.
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While we’re on the subject of inept boards, why was Susan Riel even employed at $EGBN after her participation in Ron Paul’s BS? And why is her son still employed there? Cc @AureliusValue
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