Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?

To: Gridbird who wrote (41086)	10/28/2019 4:26:49 PM
From: Gridbird	1 Recommendation Recommended By aarod Read Replies (2) \| Respond to of 52052

Re: OSBCP Guys (Gals), I dont think its prudent at all to be dumping these in the 10.20s. The almost 20 cent payment is basically in the bag....He clearly said M&A was priority one...That doesnt happen on a flip of a coin. That takes months and months to dig in and find a bank to buy and at a price deemed worthy of such an action. So it isnt like he made a few calls today and said,”screw it I give up, redeem OSBCP instead... Selling in 10.50-60 is a prudent action if one desired, but selling down here is not really worth it considering the yield here. In my car I saw it dipped and I bought 1500 at $10.26. Heck that is worth a shot. Would only be out 7 cents if it is redeemed.