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Stock impact report

The Contra Guys: Why we think this U.S. bank stock is heading towards a double [Toronto Globe and Mail (Ontario, Canada)]

First US Bancshares, Inc. (FUSB) 
US:NASDAQ Investor Relations: firstusbank.com/investors
The Contra Guys: Why we think this U.S. bank stock is heading towards a double The woman hand is putting a coin in a glass bottle and a pile of coins on a brown wooden table,Investment business, retirement, finance and saving money for future concept. sorrapong/iStockPhoto / Getty Images The woman hand is putting a coin in a glass bottle and a pile of coins on a brown wooden table,Investment business, retirement, finance and saving money for future concept. U.S. banks have been the main component of the President’s Portfolio at Contra the Heard since the financial meltdown. It has paid off handily with Bank of America (BAC-NYSE), which was closed out in March at US$38.74. The purchase price, in August, 2011, was US$6.76. Beautiful. Some of the other plays also turned out wonderfully. Not so luscious was the 2015 investment in First US Bancshares Inc. (FUSB-Nasdaq) at US$8.32. Currently it skips along at around US$10.25, a huge distance from our initial sell target of US$23.44 and w Show less Read more
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