Sort of depends on your risk profile and expectations for Seacoast's future. And always remember, you're not just betting on the odds of it going up, but you need to consider the odds of it dropping.
There is a reason Seacoast is at $1.69 and BAC is at $16.85, actually many reasons. In my humble opinion, I'd say there is a much greater chance of SBCF going to zero than there is of BAC going to zero. Or a less extreme example, I'd say there's a greater probability of SBCF dropping 25% or $0.34 a share than BAC dropping 25% or $4.25 a share. So while SBSF might appear to have more upside because it's starting from such a low spot, the greater downside risk is probably there as well.
SBCF once traded for $30.00. Using round numbers, lets say I buy it for $2.00, everything goes right over the next ten years and SBCF goes back to $30.00. I make a $28.00 profit and the most I could have lost was $2.00. In your opinion, even though you may be negative on SBCF for very good reasons, isn't this type of risk/reward worth doing?