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Independent Bank Corporation Message Board

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  • keeperoftheq keeperoftheq Dec 8, 2009 10:26 PM Flag

    Low Price/Sales: & Price/Book is good


    Can you be a little more specific?

    If the housing market was showing to be poor for the month, I reported. If it showed to be improving, I reported it. What is the matter with that?

    Do you have a problem with being open and honest?

    Yes at one point IBCP was over valued. The housing market was sliding.

    Then we were starting to see signs of the housing market turning around.

    IBCP took a beating. The share price tanked.

    Now that the housing market is starting to turn, I believe IBCP is now a buy.

    Why do you have such a problem with that?

    If you do not agree with me, that is ok. Try at least to respond why you think IBCP is a poor investment. Try using something other than name calling. You look like such an azz when you post garbage.

    You must be short and tried to short at these low levels thinking the PPS would drop lower.

    Shame on you if you are caught short.

    If you had half a brain, you would cover.

    As we get closer to the end of the year, I believe we will see short covering with shorts locking in profits.

    This topic is deleted.
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