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Sorted by: Date | Top Results
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Date |
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| 1. |
Huge Losses, Equity Gone 
Take a look at the call report for 12/31. CTZN lost
$122 million. Equity capital appears now to be completely
wiped out. I would expect FDIC to close it down at
next available opportunity.
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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1-Feb-10 05:46 pm |
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| 2. |
Citizens First Loses $85.18 Million in 3rd Qtr 
I see that on the call report for the quarter ending
9/30/09, Citizens First Savings Bank reported net
income of negative $85.18 million. This means they
are...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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6-Nov-09 04:06 pm |
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| 3. |
FDIC To Come Tomorrow? 
I wonder if the FDIC death reaper will come tomorrow?
The bank now appears to be not just low on capital,
but completely insolvent. If not tomorrow, it certainly
cannot be too much longer.
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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5-Nov-09 08:09 pm |
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| 4. |
Capital Ratio Falls at Citizens 
I see that the Tier 1 Risk Based Capital Ratio on 9/30/09
has fallen to 2.4% from 5.5% on 6/30/09. By comparison,
this ratio for Eastern Michigan Bank on 9/30/09 was
13.3%. I would have...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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1-Nov-09 08:49 pm |
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| 5. |
Re: When is it over? 
I think that they were told to raise $68 million in
new capital. Then, it was discovered that there should
have been another $4 million in loss reserves, so
maybe...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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23-Oct-09 09:21 pm |
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| 6. |
Support at 54 cents 
Someone has been buying a ton of this stock today at
an average price of 54 cents? And if directors and
officers are prohibited from...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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9-Oct-09 03:29 pm |
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| 7. |
Acheson to Buy CTZN? 
Does anybody know if the local mega-millionaire James
Acheson up there in Port Huron is really going to
step up to the plate and put up the $72 million in
new capital at the 11th hour? Port Huron's answer
to Warren Buffet...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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8-Oct-09 09:29 pm |
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| 8. |
FDIC Forbids Officers and Directors From Trading In Company Shares 
I see in the latest filing on the SEC website that
the FDIC has forbidden CTZN officers and directors
from buying or selling...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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7-Oct-09 11:27 pm |
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| 9. |
Time to Load Up on These Shares 
I noticed that there was a news article on CTZN in
the online edition of the local newspaper up there
in Port Huron today. The general public in that town
who probably still own a bunch of this stock is..
.
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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18-Sep-09 04:54 am |
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| 10. |
Re: Why is the stock up today? 
Ford is only 6 months away from bankruptcy.
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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4-Aug-09 08:37 am |
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| 11. |
Re: Why is the stock up today? 
Perhaps they found a "white knight" who is
going to invest new capital into the business? Supposedly,
there is some big billionaire philanthropist up there
in Port Huron, maybe they...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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3-Aug-09 07:24 pm |
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| 12. |
Huge Second Quarter Loss 
Looking at the 2nd quarter call report for Citizens
First Savings Bank, I see that they lost approximately
$29.7 million dollars for the quarter. Their Tier
1 capital ratio...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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31-Jul-09 08:13 pm |
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| 13. |
Re: CTZN&&39;s value 
I expect this bank to be closed by the FDIC within
6 months. Conditions in their territory continue to
worsen and there is no chance that there will be an
economic turn-around before their capital...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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16-Jul-09 08:43 pm |
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| 14. |
Re: Oh My!!! 
Doubling down is always tempting. However, Wall Street
pros consistently tell you never to do that. I did
it several times myself with Nortel Networks and
other...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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8-Jul-09 06:51 am |
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| 15. |
Re: Oh My!!! 
CTZN has been taking on water for some time now and
just like the Titanic it is getting ready for the
final plunge beneath the waves. The stern is begi
nning...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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7-Jul-09 07:33 pm |
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| 16. |
Re: Will the futures open way down based on what Bank Of England 
"When the Bank of England falls, England fall
s."
Business & Finance > Investments > Stocks (A to Z) > Stocks A >
ARV Assisted Living, Inc. (SRS)
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takeoverartist |
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28-Jun-09 06:45 pm |
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| 17. |
Re: If Obama won&&39;t use fed $$ to save CA, 
Nobody cares about California.
Business & Finance > Investments > Stocks (A to Z) > Stocks A >
ARV Assisted Living, Inc. (SRS)
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takeoverartist |
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16-Jun-09 04:54 pm |
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| 18. |
Re: CTZN 
You could make it go up by buying about 1,000.000 shares.
How about stepping up to the plate?
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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12-Jun-09 09:25 pm |
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| 19. |
Time to Close This Board 
This company will soon be winding down. So for the
few posters here that have followed CTZN in recent
months, perhaps it is now time to post any final comments
and send...
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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29-May-09 03:47 pm |
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| 20. |
Re: Happy Mega Dilution Day Everyone!!! 
Did the shareholders also vote in favor of setting
themselves on fire or for some other form of self
-mutilation?
Business & Finance > Investments > Stocks (A to Z) > Stocks C >
Citizens First Bancorp (CTZN)
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takeoverartist |
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22-May-09 01:24 pm |
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