Pacific State Bancorp (CE) (PSBC) News

Totally about 500K shares dumped at 0.0020 ~ 0.0029 since PSBC first crashed to 0.0020! Huge spread now! Which means the sellers must sell at the bids in order to liquidate their positions...

Wow. I should have had some Bids in to catch that selloff.
This is a buy and hold loooong term.
Something will have to happen with this shell eventually.
Is super low float and moves on thin air when buying happens.

I don't see it going to trips.
There is no dilution.

I see. Today alone total 202,000 shares dumped at 0.0022 ~ 0.0026 and 38,000 shares dumped at 0.005 ~ 0.006 so far! The Pos Scam will break down its current Bottom 0.0020 in the next large dumping...

Anyway PSBC (nearly 4M shares OS) should crash to 0.0001 in order to match the Same MV with its peer (TWNE: mere 1.5M shares Super Tiny OS count)! Why someone always tried to manipulate it up by bidding measly 10K+ shares, LOL?

Unfortunately nothing makes sense with PSBC. It is a dead shell owned by Rabobank and is doing nothing with it.
People got excited when they thought Mechanics Bank was going to do something with this symbol (when Rabobank was merging with Mechanics). But they have their own symbol, MCHB.

Do you know why PSBC crashed to its All-Time-Low 0.0001? TIA!

To match the same market value with its peer TWNE at its All-Time-Low 0.0003, PSBC will create a New 52-week-low 0.0001278 which is 93.61%-Lower than its current 52-week-low 0.0020! Note, 0.0020 is 15.65 Times of 0.0001278!

To match the same market value with PSBC at its 52-week-high 0.19, TWNE will create a New 52-week-high 0.446 which is 22.3 Times of its current 52-week-high 0.0200!

Will PSBC crash back to its All-Time-Low 0.0001 again? Anyway it did 1900-Bagger Giant rally this year --- from 0.0001 to 0.19!

To match the same market value with its peer TWNE at its All-Time-Low 0.0003, PSBC will create a New 52-week-low 0.0001278 which is 93.61%-Lower than its current 52-week-low 0.0020! Note, 0.0020 is 15.65 Times of 0.0001278!

To match the same market value with PSBC at its 52-week-high 0.19, TWNE will create a New 52-week-high 0.446 which is 22.3 Times of its current 52-week-high 0.0200!

0.0025 x 0.019 and Huge spread now --- the ratio of ask/bid = 7.6! Watch for a big sell-off at the bids since nobody would buy PSBC at 660%-Higher ask than its bid!

To match the same market value with its peer TWNE at its 52-week-low 0.0020, PSBC will create a New 52-week-low 0.0008522 which is 57.4%-Lower than its current 52-week-low 0.0020!

To match the same market value with PSBC at its 52-week-high 0.19, TWNE will create a New 52-week-high 0.446 which is 22.3 Times of its current 52-week-high 0.02!

Crazy low.
All the volume is gone now.

PSBC at 0.0030 now! The New low was 0.0020 this month!

Yes, great run today and yesterday though it ever crashed to 0.0040 but PSBC ended with 0.02 close!

Nice close today.
Didn't hit .06 but anything past 100% is not a bad day.

10K-0.0079 x 16K-0.012 now. The next ask is mere 20K-0.014, then mere 25K-0.06, then Nothing till mere 3290-0.4672!

It seems PSBC will very easily hit 0.06 as soon as today since its most recent high or 52-week-high was 0.19!

This hidden gem is Hyper Oversold most recently --- 98.95% Giant price crash from 0.19 to 0.0020 within just several months without any bad news at all!

Yes...this can move up fast.
Nice to see it moving.
If this gets a real catalyst, it will most certainly be a nice gain.

PSBC is on Fire today! We might see it test its most recent high or 52-week-high 0.19 again as soon as this year...

Anyway its peer with the larger OS count had already hit 0.028 so far v.s. PSBC is still trading at joke low price 0.014 now!

Let's Slap out those dirt cheap asks below the after next ask 0.05...

Anyway another peer (TWNE) is also Dirt Cheap now with mere 1.5M shares Super Tiny OS count at ridiculous low price 0.01 now!

Market Maker MAXM with a little Satanist humor...or is an Iron Maiden fan with the highest Ask price being 666.

yes me too, apparently the reference is a fault of them.
We can't do much about others that miss, can we?
Not so bad, we all miss sometimes. It happens.

Starting to see that now. Good thing I took a very small position because i was skeptic about it so not a big loss at all

Unfortunately it will only get worse.
As more realize this shell is not involved with the merger, the selling will continue. Then it will become dead for an indefinite time.

This thing is dead

ALOT ARE STILL HOLDING HERE..HOPE FOR BIG NEWS NEXT WEEK..PSBC $$$ POSSIBLE HUGE MERGER IN THE BILLIONS, !!!

I think we find out something soon, since Rabo has been asked so many questions. Might even be something as simple as removing their information from OTC markets

Based on 0 volume yesterday and today, I don't see anyone loading more.
Wise decision if you don't want to lose $$.
There is a wide spread between the Ask and Bid.

Evidence has been posted (by more than one poster) that the merger will not have any affect this stock.

Facts outweigh the speculation.

PROBABLY HAVE 2 DAYS LEFT TO LOAD PSBC $$$, TODAY AND TOMORROW BEFORE SEPTEMBER 1st..HOPE WE HEAR THE BIG MERGER NEWS WE ARE ALL WAITING FOR, IM LOADING MORE. !!!

I got the exact same email response as the other guy on here. Word for word. BUT (and in my opinion) they are saying that they don't own PSBS, which is NOT this ticker PSBC. They are not saying that they don't own this one especially which me emphasizing this ticker NOT PSBS. They still responding with we don't own PSBS. They didn't say anything about this one PSBC. Happy trading everyone. Trade at your own risk. This is all just my point of view.

jozeph..Thanks for Your Opinion..But I think Your Wrong, You cant show Any DD to Back it Up, I think it is Connected with Robobank...PSBC could be Getting an Update...We are All Ready.

I have done a research on PSBC in the past and I recall its securities are not associated with Rabobank. I agree though that having their website on OTC markets PSBC page is misleading.

If you read the purchase and assumption agreement below on FDIC, there’s a section for exclusions which I think PSBC is under it however it’s blacked out like other sections in the document probably for confidentiality purposes.

https://www.fdic.gov/bank/individual/failed/pacificbk.html

LOADING MORE PSBC $$$ SEPT 1 APPROACHING FAST..EXPECTED BIG NEWS COULD BE ANYDAY NOW...WOW THE ACTIVITY IS LIGHT..IGNORING THIS ONE IS A BIG MISTAKE..

they control the shell. What is the ticker symbol for them? Why are you following this? Let us trade

PSBC - R A C K E T E E R I N G
Is it unreasonable to expect the address of the house to come with the location ????

Thanks . Kinda how I was reading into it , but thought I ask anyway

I interpret it the exact same way I have been stating it. The stock symbol PSBC is not involved or affected by this merger. You just further helped to clarify it.

Again, I post this link. People need to read the details.

https://www.rabobank.com/en/faq/rabobank-group-information.html

The statement below further proves symbol PSBC is NOT used by Rabobank. If Rabobank used PSBC, then they "would" have shareholders:

Rabobank is a cooperative bank and does not have shareholders. Several investment products of Rabobank are listed. For example Rabobank Certificates, which are quoted on the NYSE Euronext Amsterdam (RABO). The Rabobank Certificates, an investment product with the characteristics of deep subordinated bonds, enable you to invest in Rabobank.

I have a email back from robobank :
I have to cut and paste since I am on mobile right now .

I asked : Thanks for the response . But can you answer me, if you will be using the ticker symbol PSBC since you own it ? Or give me a number I can call about public
investor relations thanks !

Robobank answer :

Thank you for your message regarding PSBS, which was the Ticker Symbol for Pacific State Bank. Rabobank, N.A. did not acquire the holding company for Pacific State Bank and is unable to respond to questions regarding it, its status or the status of its stock or any other affiliates.

The Federal Deposit Insurance Company (FDIC) assembled useful information regarding Pacific State Bank that may answer many of your questions. You can access the information by logging on to the following website: https://www.fdic.gov/bank/individual/failed/pacificbk.html

If we can provide you additional information regarding Rabobank, N.A. and the merger with Mechanics Bank, please feel free to contact us.

Thank you,
Rabobank NA

So how do you all interpret this answer ?

A MONSTER RIGHT UNDER EVERYBODYS NOSES, WOW!!...$$$ PSBC IS DEFINATELY NO FRAUD !!!, SEPT 1 APPROACHING FAST...WHAT AN OPPORTUNITY...COULD SEE $10.00-$20.00 FAST.

Rabobank is a bank. There is no fraud.
The confusion is that Rabobank took over part of Pacific State Banks assets many years ago. Pacific Banks stock symbol stopped being active. Rabobank is not using it. They don't have shareholders.
See this link below that will explain the current setup of Rabobank.

https://www.rabobank.com/en/faq/rabobank-group-information.html

Mechanics Bank that is taking over Rabobank, is already a publicly trading company with symbol MCHB.
Mechanics Bank does not need to use Pacific Banks shell. If Mechanics Bank was a private company, then i could see the speculation. But again, they are already a publicly traded company.

It has already been admitted this is a speculation play. Nobody has provided any evidence this Pacific State Bank stock symbol will be brought current for any reason.

Good luck.

Paul..Not Much Time Left..4 Trading Days Left till September 1..Only the Very Lucky-ones Snatching up $$$$ PSBC CHEAPIES.

forgot to mention : you still have time until 1 sept.

Yes I am, look at otcmarkets under ticker! Rabobank!

WE ARE ALL HERE LOADING THE CHEAPIES..SEPT 1 IS APPROACHING FAST...HOPE WE HEAR SOMETHING ABOUT THE MASSIVE $16 BILLION MERGER..WE WILL BE IN HUGE $$$$$$, I CANT WAIT !!!!CANT BELIEVE THE MARKET IS IGNORING THIS SOON TO BE MONSTER...COULD JUMP TO $10.00+ FAST !!!

Regardless of what some other posters have posted. Rabobank owns this shell. It’s on otc markets and I’m pretty sure they needed an account on otcmarkets to change the information. The website is listed plain as day

Does anyone explain? I bought some of this because I understood it to be a bank. But it turns out that the people selling did not have a bank at all , just the letters (PSBC)isn't that Fraud.

I’m still in. Waiting to see why the volume was up randomly

Anyone still in PSBC? The selling seems to have stopped and someone is bidding 250K at .019.

Large bid

PSBC $$$ FROM 0.02 TO $10.00+..IT COULD HAPPEN WITH BIG NEWS..Sept 1st GETTING CLOSER AND CLOSER !!

ITS UNBELIEVABLE..IF THE $16 BILLION MERGER GOES DOWN BY SEPT 1, $$$ PSBC MIGHT GO TO $10.00+ VERY FAST !!, ARE YOU HEARING ANY NEW DD Jose..POWER-HOUR HERE COULD BE HUGE, STRAIGHT UP, NO CEILING $$$$$$

Agreed 100%. Strong base forming in the .02-.03 range. Only up from here bro

PSBC $$$ ON HUGE WATCH..ITS GETTING CLOSER AND CLOSER..THE ONES IN THE KNOW ARE LOADING THE CHEAPIES !!!

I hope so. Some buyers are lining up at .02 and .021. Hopefully we bounce from here.

Is this the bottom?

THERE IS NO MERGER FOR THIS SHELL!! ONLY DEPOSITS WERE COVERED WHEN THE BANK FAILED! DOES ANYONE READ OFFICIAL DOCUMENTS THESE DAYS? HERE YOU GO PAY ATTENTION TO THE PART ABOUT THE STOCK ITSELF AND NOT THE DEPOSITS!
YOU THINK THE FDIC BAILED OUT THE HOLDING COMPANY TOO! LOOK AT THE SHARE PRICE AND QUIT TRYING TO SCAM PEOPLE HERE!!

https://www.fdic.gov/bank/individual/failed/pacificbk-q-and-a.html