Don’t take my word about the trade of the decade. Below are some of the articles dealing with small bank merger and acquisition activity that have appeared since the first of the month. This is real and it is now .This is not just going to happen, it is happening right now and a lot of money is being made. So far this year we have had one bank taken over in the portfolio for a 48% gain. One of our bonus picks was taken over at a 36% profit less than 4 months after I suggested it.
Since we started I have made 62 picks in the portfolio. 56 of them are up and 40 of them are higher by double digits. We have closed 4 investments so far with an average gain of 59.25%. In baseball terms that a batting average of .903 and a slugging percentage of .645. Those are hall of fame numbers!
When you read the articles it becomes clear that the trade of the decade is just getting started.
Chattanooga rising
https://www.snl.com/
Slippery Slope leads to M&A
https://www.snl.com/
Regulation breeds consolidation
http://www.americanbanker.com/
The have and have nots of bank M&A
http://www.americanbanker.com/
More M&A Please
http://www.mortgagenewsdaily.
Stressed into selling?
http://www.bankdirector.com/
Easing small bank mergers
http://www.wsj.com/articles/
Jacksonville heating Up
Shifting motivations, More M&A
https://www.snl.com/
Facing the activists
https://www.snl.com/
Tracking Tampa