sambordulac - we've passed each other in the past...drawn to similar banking names.
Why did CEO dump shares in February?
Why no dividend...not even a token amount?
Bank has nice amount of deposits for market cap and PE is respectable at this time, however, I don't like the CEO sale at this price level.
North Carolina market is not very exciting either, but the deposits/market cap has me interested.
the 1 for 10 reverse split was to meet listing requirements of NASDAQ Capital Market - $4.00 minimum bid price at time of listing. the objective was specifically for the NASDAQ listing. the shares will go over $5 on their own, then those funds will come along...give it a little time.
"Why don't you tell us in clear language why anyone should even consider investing in NHLD?"
1. Massive successful turnaround
4. Undervalued when compared to peers/competitors
5. Klein owning and buying lots of shares, remaining on the board
6. Fagenson owning and buying lots of shares
I am sorry that you do not understand how to invest, but have some personal vendetta against the company for something they've done to you in the past. You have made this blatantly obvious, though not man enough to admit it.
I have seen folks just like you camp out on various stock messageboards - for 10 years and longer posting continuously daily because they owned the stock back in the 1990s and it didn't work out for them. Go look at the two bozos on the CBRX board - they've owned the stock for 20 years and they post constantly daily attacking the CEO. Really unbelievable...but you appear to be of the same ilk.
Continue if you must, but the company will do well and so will the stock regardless of what you post.
That is why anyone should even consider investing in NHLD.
And sorry to disappoint you, but it is a very good case for investment.