Comment by
needwisdom on Dec 04, 2015 10:42pm
Make sense! Thanks and good luck to all of us longing the stock! I do not feel so bad about my investment decison in this comapny since I did my homework very well on it. ANd all analysts were rating it as a strong buy and buy, at least at the time when I bought at $3!
Comment by
needwisdom on Dec 04, 2015 10:34pm
Thanks again! I guess what I would like to know if and when they pay the full $75 mil to the government, what would be the net asset value per share? Now it is $4.20 since as u mentionned, they have not paid anything yet.
Comment by
braincloud on Dec 04, 2015 10:52pm
Do the math! About 0.28 cents per share!!!!!
Comment by
needwisdom on Dec 04, 2015 11:17pm
ok, 28 cents plus all the extra fear and lack of knowldge ...so I guess we will be looking at NAV around $3.80....and we will be trading at a discount to NAV giving what happened.
Comment by
grantoue on Dec 04, 2015 10:45pm
Awesome history lesson . I bought into BNK 3 weeks ago and added to my position after the stock dropped 45 cents . i am currently down 250000.00 . I bought into the stock because it was the best bet at the time. i can't see why the stock won't go back to where it was.
Comment by
needwisdom on Dec 04, 2015 10:50pm
And all the anaylyst rating were very bullish on the stock, right?! But they were also bullish on it when oil was at $100, no one predicted the $40 oil. so Why would we even read or care about their prediction anymore? It is all random, perhaps the casino is more fun.
Comment by
Britt11 on Dec 04, 2015 10:52pm
think of how much management and insiders have invested in this company. It IS their life. They have an extremely high invested interest to make this stock a success My advice, put the computers away and stop watching it trade minute by minute- that is if you are a long and not a day trader and or shorter (hence essentially day trader). It will come back, who knows how long it will take though
Comment by
Chris1056 on Dec 05, 2015 1:14am
Very good analysis. Thanks for putting those facts together. It is a win-win situation. It will be easier to negociate with oil oiling the both parties. It will be smoother... lol! Have nice weekend, Chris1056