Funny ... what did he do? Recommend RICK or something like that?
Shareholders make basically nothing but small dividends for seven long years. Might be a little cost savings from MNRK merger, then back to sleep ... zzzzz!
Take out premium isn't that much ... and depending on what TOWN stock does ... it might not be much at all. MNRK would have been worth a lot more in a couple of years, especially since regulations on smaller banks might be loosened soon!
Texas economy going down the tubes. Watch for some major oil company bankruptcies in the next few weeks! Bond defaults to follow! Then more layoffs!
Private ... ahem, sophisticated investors ... will bail as soon as they get a chance!
Interest rates are not going up ...
"Take overnight interest rate swaps. They imply European Central Bank policy rates won't get back above 0.5 percent for around 13 years and aren't even expected to be much above 1 percent for at least 60 years.
Japan's main interest rate won't reach 0.5 percent for at least 30 years, they suggest, and even U.S. and UK rates are set to remain low for years. It will be six years before U.S. rates return to 1 percent, ...."
Breasturant field is already too crowded. If Vee Lounge has good food, there's a lot more opportunity in a field that appeals to women customers and can charge higher prices!
If RICK actually started selling franchises like hotcakes, that would change things ...
FOR THE BETTER!
Price is just tied to TOWN stock now ... TOWN tied to the economy ... watch for further declines!
Major positive press bulling on TOWN probably distorted 2016 trading ... things aren't that great in the local economy!
MNRK would be better off without a merger! TOWN more likely to have toxic assets.