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"It is trading below book now"
Jul 27 22:45 pm
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All Comments by Did U Think The Ponzi Scheme Would Last? »Seacoast Banking Corporation of Florida: The News We've Been Waiting For [View article]
Book? In fl? HA HA! Who knows what they are using to judge book value?? The plummeting value of their REO?
Forget book right now, it is like PE and PS. They are all metrics that mean something in stable times. They are meaningless control mechanisms in bad times.