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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (55060)	3/18/2015 1:08:13 PM
From: gizwick	Read Replies (1) \| Respond to of 78638

Oh, the only bank courting marijuana dealers. They recently gave up on providing services to Colorado marijuana businesses because the feds could make life tough for them. I found out that they were doing this and immediately sold my shares. This is a roach motel stock. No volume and earnings are based upon past losses. Hard to get out as well. Bid/ask spreads are very high.

To: Lazarus who wrote (55060)	6/15/2015 2:37:34 PM
From: geoffrey Wren	Read Replies (1) \| Respond to of 78638

MBNC is a hard stock to take a position in without moving the price up. Right now the bid/ask is $.68/$1.00. Sometimes I have sat for a week on the bid with no action. I have managed to acquire 3900 shares at an average price of $.966. Maybe I will get some more as some dividends come in here or there, but for this type of stock, $4k is a decent investment for me as it is. You said: "If this bank doesnt make me $$$ I'll eat a BUG." Hopefully it will not come to that.