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Guaranty Federal Bancshares Inc. Message Board

sambordulac 1 post  |  Last Activity: Apr 12, 2015 12:08 PM Member since: May 25, 2000
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    Who here owns shares?

    by o08o.ugh64w Mar 29, 2015 2:06 PM
    sambordulac sambordulac Apr 12, 2015 12:08 PM Flag

    Sorry, I kind of retired...

    Braswell, if I recall, took on debt to buy heavily when it was $3 per share. Maybe he just needed the money.
    Liles Allen sold earlier at an excellent price. He did not get as much stock options but bought them at good price.
    I sold out before him.

    Mortgage refinance will no longer the the engine of mortgage banking. Purchase financing will only grow slowly over time. The entrance to SBA lending may be a little late. The results of which is not certain.
    Good thing that TARP was paid off without too much dilution.
    IMO it's a good bank, but not exceptional. We'll see how SBA does for it.

    I do not own shares. Good luck to you.


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