RE:Clowns I feel compelled to respond to this post from jr1010jr.
jr1010jr wrote: PS. Come to the table with real cash before commenting on this site. 1000 shares one guy wrote. What a loser. Insulting to my huge bets this morning and listening to idiots saying takeover and bankruptcy. So ignorant.
I'm the individual who posted I was down to 1,000 shares. Apparently, you fixed on the number rather than the substance of my post which was I BELIEVE in this company, but I've sold off a majority of my shares due to the risk. I agree with your overall assessment, that we're looking at a $1.75 target factoring in the tax conflict and the price of oil. This company is WAY oversold, at least in terms of information which is public, because you're right. We have NO IDEA where this is heading. Thist company could tank tomorrow, or there is tremendous upside. Bear in mind that all things are relative, my puny 1,000 held shares have just as much impact on my life as your "huge bets" have on yours. I AM coming to the table with real cash. Perhaps not as much as you, but I'm looking at the situation just as hard as you are and I'm ALLOWED to have an opinion. IF this company tanks, we'll both suffer. I hope that doesn't happen, but at this point it's an educated guess or reasons you've cited.
That being said, I am no "loser." I'm comfortable and no matter what happens with my investments, I have other areas of my life which are rewarding. I'll be comfortable no matter what happends with BNK.