PRZOOM - /newswire/ -
New York, NY, United States, 2011/12/05 - After careful consideration of the end of day data, looking at both dollar volume and percentage gain, we have made a decision on the winning penny stock of the day.
496 emails were sorted, consolidate and added to the Rumble today.
The winner for the day is Atlantic Coast Financial Corporation (ACFC)
Last Trade: $2.5400
Price changed: $0.7900
Percentage Gain: 45.14 %
Last Close: $1.7500
Estimated Dollar Volume: $373,530.00
About Atlantic Coast Financial Corporation (ACFC)
Atlantic Coast Federal Corporation is a holding company. The Company’s primary activity is holding all of the stock of Atlantic Coast Bank (the Bank). The Bank’s principal business consists of attracting retail deposits from the general public and investing those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences, home equity loans, commercial real estate loans and, to a lesser extent, automobile and other consumer loans. The Bank also originates multi-family residential loans, commercial business loans and commercial construction and residential construction loans. It also invests in investment securities, primarily those issued by United States government-sponsored agencies and entities, including Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) and Government National Mortgage Association (Ginnie Mae).
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