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Non-Tech : Independence Savings Bank (ICBC)

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To: KYA27 who wrote (151)3/23/1998 12:01:00 PM
From: gambler2  Read Replies (1) of 246
 
Atlantic Liberty is only offering 5000 shares maximum per person. No matter how much money you had in the account all you can get is 5000 shares. There are alot of banks that trade on the BB and have a big pop as well at the open and trade very nicely. As far as liquidity, any bank in brooklyn in my opinion is a buy as it is ripe for a takeover in the future by a bigger bank. I know of 2 branches for flatbush federal, they possibly have more.
You can probably get alot of informaiton from Edgar. Look at ICBC from the time they actually opened their mouth about filing it took almost 10 months. That is not the norm. Generally a couple of months. First they'll announce, file their papers, annunce a record date (Tier 1) and move along. ICBC was very slow but worth it now... where are you from in brooklyn??
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