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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (27164)6/28/2007 11:59:21 PM
From: Spekulatius  Read Replies (1) of 78702
 
OSBK -
-g- I'm guessing if I knew their local economy or the management, I'd not be a buyer of the stock. Plus I'm already suffering with the other dink bank stocks I've been holding.

Well there is certainly more upside than downside <g>. Local demographics are subpar even for OK but more and more rural villages are doing better nowadays, because of higher prices, ethanol etc. There appears to be one Ethanol plan build nearby in Blackwell and there are some over in Iowa. Tulsa (which is not an economic powerhouse itself) is 50 miles away. Management is decent. OSBK has been profitable for the last few years, they had decent growth and work for less than I do.

At least one person from management agrees that OSBK is cheap and bought about 5000 shares yesterday for 8.35$.
sec.gov
Hope i don't beat this Buffalo to death <g>. Dinky can be good. A dinky stock almost guarantees that nobody is going to care even if a stock is drastically mispriced.
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