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Capitol Bancorp Ltd. Common Stock

Capitol Bancorp Ltd. Common Stock (CBC)

0.28
0.00
(0.00%)
Closed November 05 4:00PM
0.00
0.00
(0.00%)

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Alyssa Alyssa 14 years ago
Yes, I am aware. Just can't see it getting much lower than this. We shall see.

The company owns many subsidiary banks, many of which are well-capitalized, and I am thinkin' CBC will ultimately pull through smaller, healthier and stronger.

:)
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mkinhaw mkinhaw 14 years ago
CBCR tomorrow
on pinksheets
also incr a/s from 70 mill to 1.5 bill and
a r/s anywhere from 1 X 5 to 75
all in filings
MK
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Alyssa Alyssa 14 years ago
Too much of a bargain to pass up. Tiny float of 19 million, about 10.9% short.

:)

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QualityStocks QualityStocks 14 years ago
CBC Video Chart 1/4/11

http://www.qualitystocks.net/videocharts.php

Capital Bankcorp Ltd. is not a current client of QualityStocks
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free4me free4me 14 years ago
Got a thousand of these at 1.14, hoping for decent earnings.
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aoccoa82 aoccoa82 14 years ago
Just wait for it to close above the 5MA and it seems it will start to take off. They are closing a bunch of regional banks, if you screen for new lows you get pretty much regional banks.

Perhaps FAS a FAZ are better choices but again if it has hope it is at a very good price
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Ecomike Ecomike 14 years ago
An older timer investor I have know for a while via an investors chat room. But, like most of us in this volatile market sooner or later we are wrong...... Of course survival does not mean the stock is a profitable buy here. I am already down a good bit (50% on average) on 5 or 6 regional banks, including this one that I bought just before the flash crash, all ones that he liked. But He bought them at the Feb lows, I got in too late near this years highs. I am still long here for now, hoping at least for big bounce soon.

Also, no guarantees on how it will survive. One of the ones he liked was saved by Ford, but at a huge price drop, and dilution. It was not one I bought, but one he was sure would survive. It did, but not a cost existing investors liked.

There has certainly been lots of news of selling subs and branches, and raising capital in their news. I was hoping opening this board would attract some more info. Right now the chart looks like a falling knife again.

I do like the very low float, very low OS, and medium volume!!!
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aoccoa82 aoccoa82 14 years ago
you heard that from where?
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Ecomike Ecomike 15 years ago
I hear that this is a regional bank stock that will rally soon!
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