United Security Bancshares Message Board

  • nadsmis nadsmis Jun 25, 2014 10:48 AM Flag

    closing UBFO position

    this small cap stock performed horribly. never should have bought in. lost 8% and have decided enough is enough. as i sold off, i had to sell no more than 350 at a time which also led to transaction costs.

    the dividend yield is a joke.

    daily sales of 300 shares can drop PPS by 1%.

    as i sold, my transactions drove the stock down because float is so small. when you see PPS at $5.50 and sell, expect to get about $5.35.

    would definately NOT recommend this company. earnings also disappoint.

    Sentiment: Strong Sell

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    • I guess if are just looking to buy and flip on a spike, you would probably lose money on a small bank stock with a low volume of trades, but this has no bearing on the company's performance. Just to clarify. If you bought this stock in Jan 2013, you would have more than doubled your money today. This company has had solid earnings, management that has stayed with the company through the bad times, a board that believes enough to own 40%+ of the stock and a dividend of 4% no matter what the share price is. The shares are trading just above its book value. Q2 earnings were up over 20% from 2013. This is a solid company that survived the bad times (Without taking TARP money). If your going to make a negative recommendation, do it on the facts and not on lousy trading strategy.

      Sentiment: Buy

      • 2 Replies to osutton
      • osutton, i just checked. this is your one and only post. your member history dates back to the date of your post of July 22, 2014.

        you aren't simply a pumper, you look to be a company shill trying to protect your investment. i am sure you realize with this tiny float that if even 1 buyer sold 1000 shares in a day, the bottom would drop out.

      • first, you need to know the proper use of "your" and "you're". not knowing basic English goes to your lack of credibility.

        secondly, it is all about What have you done for me lately. reference the chart.

        also, the dividend distribution is literally 0. There are no regular dividends but ony distributions.

        ever try to sell UBFO? a nasty surprise as the float is so small the share price drops from underneath you as you sell. not enough buyers.

        this position is what is referred to as a POS. i would never endorse it and my recommendation is to avoid. not just my opinion but also that of McGraw Hill Financial based on an S&P Investability Quotient Percentile of only 18%. that is horribly low.

        while it is usually a good sign to see insiders buying and holding, institutional investment is only 7%. wow. that is scarey as the risk is high. could drop like a rock in an up market.

        no, not me.

        Sentiment: Strong Sell

5.47+0.20(+3.80%)Jun 24 4:00 PMEDT