Discussion in 'Stocks' started by piezoe, Jan 23, 2009.

  1. piezoe


    Still like it. You had a chance to more than double your money last year by buying in the 2's an selling in the fives. Earnings just reported. Dismal of course. A loss in the 4th quarter. Stock below book. Like selling the 2.5 puts now for .60 . Strong capital position, innovative, growing China connection. Diversifying out of California.

    Like it now while it's being hammered. Expect to double again within 18 months. Paying a dividend meanwhile. I continue to like it when it is trading below 3. Listened to the conference call today. Nothing too alarming. Should be fine going forward, but a slow slog out of this credit morass. I's just way to cheap.

    Search this forum for UCBH to get more info.