Thursday, May 6, 2010

Bye Hban Hello PRWT

I sold my shares of Hban and bought up 1,530 shares of (PRWT) PremierWest Bancorp. I got in at $0.85 a share. I plan on picking up another 1500 - 2000 shares. After going over the companys EPS reports It looks like this company will post a profit for Q2.

I believe that I got in around the bottom seeing that this bank has lost 77.57% in the last year. I'm planning on seeing this stock go up to 1.25-1.46 after Q2 results and 2.20-3.40 by the end of the year.





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