March 3, 2010 ~ Preferred Bank has eluded us as to why the price of its stock has continued to stay so low. The charts are starting to show some strengths in the Slow stochastic, Ultimate Oscillator and even MACD are changing to an upward trend line. PFBD is still within a Buy area with a Zabacus score of 3.8 so will hang in there a while longer.

      February 16, 2010 ~ This stock is taking forever to come around but the market has been soft. The indexes are showing an upward trend change, like wise Preferred Bank should follow suite and start back upward. We had a Zabacus Score of 3.8 up some from Friday and has been slowly climbing since last week. The OBV is positive and closed just shy of R1 @ 1.60 today and above pivot point. Hope to see PFBC above $2.00 by end of week since there was a trend direction change and it close above all three EMA's today.

     February 3, 2010 ~ We are totally dumb founded as to why this stock is continuing to decline. Had a positive earnings report, no negative news, regional banks are a hot sector. Will most likely suggest a second buy if this goes any lower. If we get some consolidation can buy more on this large dip. Zabacus score today was 3.3 which is within a Buy area. Sometimes the market just requires some patience and fortitude.

     January 28, 2010 ~ The MACD performed a positive cross over to start an upward trend on todays pop. RSI also crossed over the 50 line. ZSC has 5 thumbs up so we be perkin. Zabacus score is 5.2

     January 27, 2010 ~ We are showing an evaluation to Buy on this positive earnings report. Today Preferred Bank reported net income of $803,000 or $0.05 per diluted share for the fourth quarter of 2009. Also this stock had a Zabcaus Stock Calculator strenght score of 3.3 Buy on Jan 20th.

Preferred Bank (the Bank) is an independent commercial bank in California focusing on the Chinese-American market. The Bank provides personalized deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net worth individuals. It provides a range of deposit and loan products and services to customers primarily in categories, such as real estate financing, middle market business, international travel finance, private banking and professionals. The Bank conducts banking business from its office in downtown Los Angeles, California and 12 full-service branch banking offices in Los Angeles, Orange and San Bernardino Counties. It markets its services and conducts its business primarily in Los Angeles, Orange, Ventura, Riverside and San Bernardino counties.