What’s up with the stock?

Does anyone following the bank stock care to share their opinions as to what is happening with PNBC, Inc. stock in the last couple of days? Over 63,000shares traded Friday and over 100,000 today. Share price is at $0.17 at this time.

By stockholder, too Posted in action

23 comments on “What’s up with the stock?

  1. For years, Citizens sold mortgages into the secondary market on a routine basis. They maintained servicing but the loans were owned by FNMA. When the capital fell below FNMA guidelines, they made Citizens sell the servicing rights. First State bought those rights.

    • That is what I have heard from multiple rumor mills and have been waiting for someone to say it here!

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