IDBC and the other small banks I follow are comple
Post# of 18851
IDBC and the other small banks I follow are completely under the radar and the only thing that will cure that is time and a positive report. Take a look at FMAR. Two years ago First Mariner was stuck in the same position that IDBC is today but now, their problem of liquidity is a thing of the past. I'm sure that an argument can be made that a nickle put in FMAR would have been a whole lot more valuable today had it been put somewhere else but then again, I don't think the kinds of gains FMAR has made is an embarrassment to any of the stockholders regardless to what they could have made somewhere else. And then too, I buy these stocks not with the intent to sell but to hold. I look forward to the day when dividends are being sent my way. I too love the quick trade and made a bit over $600.00 in about an hour on HYII yesterday but it seems to me that a small amount of loose change put into a recovering bank could go a long way in enhancing an investor's account.
Just my way of looking at things. I'm sure it's not right for all.