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Bullboard - Stock Discussion Forum Versabank T.VBNK

Alternate Symbol(s):  VBNK

VersaBank is a Canada-based chartered bank. The Bank provides commercial lending and banking services in Canada and the United States, as well as cybersecurity services and banking and financial technology development services through the operations of its wholly owned subsidiary DRT Cyber Inc. (DRTC). It operates through two segments: Digital Banking and DRTC (cybersecurity services). The... see more

TSX:VBNK - Post Discussion

Versabank > Ceo keeps buying
View:
Post by microcaphobby on Feb 10, 2021 8:16pm

Ceo keeps buying

He bought 26000 shares at 11.15. Talk about confidence in the future of the company. Maybe he is looking to take the company private at $15 /share.
Comment by argon12 on Feb 11, 2021 12:33am
He's just starting to really build this thing into something big. I hate the big 5 banks, especially TD. I like the CEO on how he's getting growing the bank organically and not buying bs and issuing shares. We are just at the bottom of the hockey stick for trajectory IMO.
Comment by ferret_ca on Feb 11, 2021 11:52am
I agree 110% this is a company that make people fortunes, I'm a retired old coot and I hate the banks too, the younger crowd even more so, lol. I love what these guys are doing. I just wish the price would ease up a bit so I can add more, lol cheers ferret
Comment by ferret_ca on Feb 11, 2021 2:51pm
I did add another 1000 shares today, any good news at all this will skyrocket with this float. 
Comment by Jsboutin on Feb 11, 2021 8:14pm
I'll be alone in my boat, but I've actually trimmed a bit (25% of my position) today at 12.85. The position was getting heavy (which was ok when we were trading below BV, but I'm less enthused about today). Considering my ACB was at 6.74, I had previously trimmed a good chunk when it first hit 11$. That being said, I keep a full position and I'm sure this will be doing quite well ...more  
Comment by argon12 on Feb 13, 2021 12:32pm
VB's earnings out on Feb.25th. The CEO is doing virtual calls getting the story out to institutions at this time. I expect earnings will be very good. The crypto vault and their proprietary cyber security is real value most are not aware of. This a buy and hold IMO. Small micro cap bank that can grow exponentially without the investment in bricks and mortar.  
Comment by microcaphobby on Feb 15, 2021 2:35pm
What is your source for the ceo doing virtual calls?
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