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Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized... see more

NDAQ:UNB - Post Discussion

Union Bankshares Inc > late day push
View:
Post by streamer23 on Dec 15, 2005 2:04pm

late day push

Would not be surprised to see a late day push to close at 20 cents.
Comment by grantster44 on Dec 15, 2005 2:15pm
Very well may be.1/2M on the bid.
Comment by oilspiller on Dec 15, 2005 2:34pm
Someone may know something about the complience report and is jumping in before it comes out. We should see a dramatic increase in price and interest once that release comes out. Hopefully something is on the wire for after the close today.
Comment by palladn on Dec 15, 2005 2:34pm
Yes, Grantster! The sitting bids are huge! (140,000 @ .185 currently) (this doesnt show those that are watching and trying to pick off sellers as they put their shares up on the ask...) Looks like a bidding war (for the sparse Asks) is about to erupt... It happens a lot when things look so good for a company... We could see .24 at any time. Just wondering which bidder will blink first and & ...more  
Comment by palladn on Dec 15, 2005 2:39pm
They only had to correct minor 'technical filing' issues. UNB was informed which parts didnt comply with specific regulations (see the NR for the exact regs they cited) and since UNB already had all the data they needed to correct the filing flaws it wouldnt take long to fix and refile knowing that the corrections would be accepted the 2nd time.
Comment by grantster44 on Dec 15, 2005 2:59pm
Well,not to easy to forget about the last NR.When the updated NR is here i beleive we will see Explosion.If UNB had originally had their [misinterpretation correct]this may have blown through the $.32 already.JMHO.
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