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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (36229)12/17/2009 9:06:56 PM
From: anializer  Read Replies (1) of 78753
 
When the report of a delayed filing hit in November, I exited before any harm could be done. I don't like delayed filings as they could be prone to a bad news event shortly thereafter. Things appeared a little to iffy at that time but I still think it looks OK and even with a potential write down or loss, the loss is unlikely to be large enough to offset the huge discount to tangible asset valuation it sells at.

Looking at another group of small banks in the value watchlist, the market action seems to imply the end is near for their existence. Some may go but there must be a winner among them.

Among them AMFI OKSB WCBO EBTX CSWC SNBC BBX ABBC MBHI STSA FNBN MBTF IBCP SBCF GRNB TSFG FTBKD FBC.

I'm not to good at analyzing these type of situations, but statistically speaking, there has to be a survivor among them. Which one or two is the question of the day.
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