3 days ago Banner made a presentation Go to http://www.sandleroneill.com/ sign in for free choose View Webinar select 2:30 Northwest Banks II listen to CEO say: Numbers continue to improve in Q1 May be profitable in Q1 if not then Q2 Stock up strong at the close Don't forget there are still 5 MM shares short. When they start covering expect a short squeeze. As far as Im concerned its only a question of when. My ave cost is $2.56 so I don't care if it goes back to $2.70...But I can't trade in and out with my position.
since about the first of the month, the stock pps has been on a tear with good volume since the conference. if you use the three month comparison chart against other pac nw banks BANR looks like a rocket. either the outlook or prospects, or both, must be improving. fwiw bwdik dyodd