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Wilshire Bancorp Inc. Message Board

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  • cohsgrad cohsgrad Nov 28, 2011 5:10 PM Flag

    downgrade...trying to steal WIBC shares cheap?

    Do you know what the reasoning was?

    I don't honestly know anything about NARA beyond the fact that they just acquired Center. Following acquisitions it is very easy to grow earnings as you can set up nice big fat acquisition reserves. I can believe they will grow earnings very well over the short-term. Longer term is tougher to say.

    How WIBC will do I don't know but as I said, short-term NARA is going to get the headlines.

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