Citizens & Northern Corporation (CZNC)

In current conditions, stock price more likely to be a reflection of dividend yield…rather than core B/S growth, or EPS advancement. 💸

Head to under $20.00 anytime soon...as market is imminent to crash this month !

This fully pumped and manipulated stock will end up down deeply in near term for sure, probably below $19.00 in this month.

Latest 1/4ly mailing speaks of a large problem loan. Who is debtor? Who okayed loan? Is problem caused by something other than CoVid and ancillary matters? [Ancillary referring to and including business mismanagement?] Will we ever find out? [Refer to oversight of FULT several years ago.]

$CZNC Lehman Terry L, Director of CITIZENS & NORTHERN CORP bought 3000 shares on 2020-06-17. https://formwhispers.com/s?t=CZNC

There was no clarification in the annual report about the large loss mentioned in 1/4ly report, beyond saying it was a single large transaction. Any reason I should not go over the state line to Elmira? Personally, I kind of like CZNC .

Headed to $30

I agree with Guy

This 1/4 ly makes no mention of aforesaid bad loan.

CZNC and NWFL should merge. Both are good small banks in close proximity to each other , yet, have little competition with one another. Economies of scale would make the combined entity a formidable regional bank.

This junk bad bank will not hold any current overvalued , will definitely sink like a falling knife, just wait and see.