WIBC did a good job on window dressing and hiding its bad loans at its previous CEO or president. The new CEO then made a huge charge-off, and after that carried out a public offering with extremely huge dilution to its original shareholders. Of course, those inside high officials bought a large quantity of shares at $2.75. This is absolutely a robbery. I would call those Korean bankers disgusting, disgraceful, and despicable.
Good, I paid 2.75 too, as well as anyone who bought WIBC today. So, I won't do worse than those high officials who knows much more about Wilsher than me. When I do that, my investment usually double within a few months.