Capitol Bancorp Ltd.(fka CBCRQ)

[infamous]

Not a short squeeze. Its people realizing that all that insider buying must have serious meaning. Or it could be MORE big insider buying!

[Alyssa]

Heating up nicely. Cute little short squeeze?

:)

[infamous]

Looks like turnaround for this company? Insiders buying big at .09. Well have to see.

[infamous]

Heres a post i found at yahoo. This just about sums it up...
The best part of this stock is...
IVE BEEN OUT SINCE .18. And I told my buddy who was influenced by FRT(Igor) to get out at that time as well, but unfortunately he did NOT listen. I tried. Im currently trying to get him to buy ICOA, TSNP, and ENKG right now. Hope he listens this time. No one here should trust FRT again here. Also, notice how he just dissappeared?

[infamous]

Yea, this company's stock is just about toast. .067 losing support and will go to .04 shortterm. Sad state of affairs here!

[Penny Roger$]

CBCR - Daily Candlesticks

[Penny Roger$]

Capitol Bancorp Completes the Divestiture of Its Interest in Texas-based Bank of Las Colinas
| 12:00 PM | PR Newswire Association LLC. |

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68421426

[Penny Roger$]

Capitol Bancorp Announces the Planned Divestiture of Its Interest in Texas-based Bank of Las Colinas
| 10:30 AM | By PR Newswire Association LLC. |

LANSING, Mich. and PHOENIX, Aug. 8, 2011 /PRNewswire/ -- Capitol Bancorp Limited (OTCQB: CBCR) announced today that it has entered into an agreement pursuant to which all outstanding shares of Bank of Las Colinas, including the 51 percent interest held by Capitol, will be acquired by...
Related News: Similar Content, By PR Newswire Association LLC., Financing Agreements http://www.prnewswire.com/news-releases/capitol-bancorp-announces-the-planned-divestiture-of-its-interest-in-texas-based-bank-of-las-colinas-127232908.html#rssowlmlink

[Alyssa]

Capitol Bancorp Limited Announces Adoption of Tax Benefits Preservation Plan
4:30 PM ET 7/25/11 | PR Newswire

Capitol Bancorp Limited ("Capitol") (OTCQB: CBCR) announced today that its board of directors has adopted a Tax Benefits Preservation Plan (the "Plan") designed to preserve substantial tax assets. This Plan is similar to tax benefit preservation plans adopted by other public companies with significant tax attributes and the purpose of such a plan is to protect Capitol's ability to carry forward its net operating losses and certain other tax attributes.

Capitol's tax attributes include net operating losses that it could utilize in certain circumstances to offset taxable income and reduce its federal income tax liability.

Capitol's ability to use its tax attributes would be substantially limited if there were an "ownership change" as defined under Section 382 of the Internal Revenue Code and related Internal Revenue Service pronouncements. In general, an ownership change would occur if Capitol's "5-percent shareholders," as defined under Section 382, collectively increase their ownership in Capitol by more than 50 percentage points over a rolling three-year period. Five-percent shareholders generally do not include certain institutional holders, such as mutual fund companies, that hold Capitol's equity securities on behalf of several individual mutual funds where no single fund owns 5 percent or more of Capitol's equity securities.

As part of the Plan, Capitol's board of directors declared a dividend of one preferred share purchase right (a "Right") for each outstanding share of its common stock. The Rights will be distributable to shareholders of record as of August 1, 2011, as well as to holders of common stock issued after that date, but would only be activated if triggered under the Plan.

"We have adopted this Plan to safeguard valuable tax attributes and protect shareholder value," said Joseph D. Reid, Chairman and Chief Executive Officer of Capitol. "We believe the Tax Benefit Preservation Plan will reduce the likelihood of an unintended 'ownership change' of the Corporation."

The Plan is designed to reduce the likelihood that Capitol will experience an ownership change by discouraging any person from becoming a 5-percent shareholder. There is no guarantee, however, that the Plan will prevent Capitol from experiencing an ownership change.

Capitol's board of directors has the discretion under certain circumstances to exempt acquisitions of company securities from the provisions of the Plan. The Plan may be terminated by the board at any time prior to the Rights being triggered.

The issuance of the Rights will not affect Capitol's reported per share results and is not taxable to Capitol or its shareholders.

Additional information regarding the Plan will be contained in a Form 8-K that Capitol is filing with the Securities and Exchange Commission.

About Capitol Bancorp Limited

Capitol is a community banking company with a national network of bank operations in 14 states. Founded in 1988, Capitol has executive offices in Lansing, Michigan and Phoenix, Arizona.

Forward-Looking Statements

Certain statements in this announcement contain forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors.

All forward-looking statements speak only as of the date of this press release. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the Corporation's behalf are qualified by the cautionary statements in this press release. The Corporation does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this announcement.

www.capitolbancorp.com

SOURCE Capitol Bancorp Limited

[ALERTS100%to10000%GAIN]

CBCR~~~http://stockcharts.com/freecharts/gallery.html?s=cbcr

m1999

[ALERTS100%to10000%GAIN]

CBCR~~~ Common stock, no par value, 1,500,000,000 shares authorized;
issued and outstanding: 2011 - 41,122,757 shares


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7928787

m1999

[ALERTS100%to10000%GAIN]

CBCR~~~Outstanding at April 30, 2011
Common Stock, No par value 41,122,057 shares

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7928787

m1999

[ALERTS100%to10000%GAIN]

CBCR~~~very nice report~~~~http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=50662

m1999

[Alyssa]

Capitol Bancorp Announces the Sale of Washington-based Bank of the Northwest

12:00 PM ET 5/26/11 | PR Newswire

Capitol Bancorp Limited (OTCQB: CBCR) announced today that it has entered into a definitive agreement pursuant to which all of the outstanding shares of Bank of the Northwest, which is majority owned by Capitol Bancorp and certain of its affiliates, will be acquired by way of an all-cash merger by an affiliate of AmericanWest Bank, led by Chairman & CEO Scott Kisting.

Capitol Bancorp's Chairman and CEO Joseph D. Reid said, "We continue to focus on prudently reallocating the unencumbered equity capital arising from our divestiture efforts. This capital has provided essential support to our affiliates that continue to address the multiple challenges presented by the weakened economy in their local markets."

The completion of this transaction will constitute Capitol's exit from the Washington market with the divestiture of approximately $146 million of assets as of March 31, 2011 and Bank of the Northwest's four banking offices in the Puget Sound region.

"We are pleased to have supported the Bank of the Northwest team, under the leadership of President and CEO Thomas Giovanelli. Together, they have established a strong community presence in the Puget Sound region and we wish them future success as they continue to develop their banking operation," added Reid.

The transaction, which is subject to the receipt of requisite regulatory and shareholder approvals, is expected to be completed in the third quarter of 2011. Capitol Bancorp and certain of its affiliates have entered into voting agreements pursuant to which they have agreed to vote all of the shares of Bank of the Northwest owned by them in favor of the transaction.

About Capitol Bancorp Limited

Capitol Bancorp Limited (OTCQB: CBCR) is a national community banking company with a network of separately chartered banks in 14 states. Founded in 1988, Capitol Bancorp Limited has executive offices in Lansing, Michigan, and Phoenix, Arizona.

Forward Looking Statement

Certain statements in this announcement contain forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors.

All forward-looking statements speak only as of the date of this press release. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the Corporation's behalf are qualified by the cautionary statements in this press release. The Corporation does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

www.capitolbancorp.com

SOURCE Capitol Bancorp Limited

[Planopenny]

I will say though, since 3/10/11 the accumulation has turned upward slightly on the 100 day chart. If they dont sell more shares this will look really nice soon

[Planopenny]

The divested a lot too...Shrinking the company. Moving forward and writing off bad debt. I agree this is a good move, but not like this isnt diluted now either

[Chivito]

I would say making 268K is better than loosing 47M a big deal

Yes saw the chart accumulation is going on

[Alyssa]

Capitol Bancorp Reports Modest First Quarter Profit

Net income of $289 thousand, or $0.01 per share, was reported for the first quarter of 2011, compared to a net loss of nearly $47.9 million, or ($2.75) per share, for the corresponding period in 2010. Several key factors contributed to these significantly improved operating results:

The provision for loan losses decreased more than 70 percent from the corresponding period of 2010 and nearly 40 percent from the fourth quarter of 2010.

Costs associated with foreclosed properties and other real estate owned decreased 35 percent from the first quarter of 2010.

http://finance.yahoo.com/news/Capitol-Bancorp-Reports-prnews-2068250984.html?x=0&.v=1

[Planopenny]

not very good but getting better

[Chivito]

OMG have you seen the news/financials?

[davidam]

Now thats funny. A few days after your touting this stock in private messages your all negative

"btw, CBCR will move first, financials within the next 6 trading days. When you make a ton in that one, you be nice to me here from now on publicly, even when im whining! lolv"

Just for the record anything you tout or dislike goes in one ear and out the other. I see no basis in your posting to give it credit

[socialmedia-investme]

CBCR NEWS
http://www.babelation.com/feed/capitol-bancorp-limited-cbcr-otc-link-capitol-bancorp-completes-divestiture-community-bank-rowa

[Alyssa]

You mean authorized, not outstanding. Big difference.

:)

[HighHoeSilverado]

I was saving a little for when this thing bottoms out but I can't wait any longer
I'm going back to smpp

[HighHoeSilverado]

Yea it's sorry to see but it's happening
Charts look bad too
L2 doesn't look to bad though

[infamous]

Thats ridiculous. they have gone from 70mil OS to 1.5 bil OS!!! That dilution alone will take this stock down to subpenny. Only fools would buy this stock and or not sell it! I hate this kind of crime against shareholders.

[HighHoeSilverado]

Nope with increase of o/s it should tank somemore but I don't think there will be a r/s for some time
Atlease till all the new shares are bought up
Don't get me wrong there will be a couple bumps a long the way to make $$$ off of
Just don't think it will be quite yet

[infamous]

Now look what they dealt yu! Increase of OS from 70mil to 1.5bil !!! Then a R/S soon after to top it off! Is it time to get a position now?

[infamous]

i can see the big crash getting ready on level2. Sick what this company pulled with this big OS increase and R/S. Hope they go BK

[infamous]

Increase to 1.52 billion AS with 1.5 bil of which is OS. What a scam of a company! Then they will affect a R/S. They are disgusting

[infamous]

wTF thats the worse news imaginally. just sold. thanx capitol

[tshel]

reverse stock split

[infamous]

I wonder how the meeting went yesterday. An yone know?

[HighHoeSilverado]

if that many people that work for the company bought shares then that means they are trying to make money too imo
I've been watching a long time I think it's time to take a posistion

[TOZ]

It could be something good in the works. But I am just overly pessimistic here. The key word being "overly". I am not an expert on this but either the directors see a good investment or want us to think they see a good investment. If you see anything else, please post it here. I think we have all the negatives covered. More positive info. thanks.

[aquaspin]

Insider buys last week:

Insider Transactions Reported - Last Two Years
Date Insider Shares Type Transaction Value*
Feb 10, 2011 GENOVA H NICHOLASDirector 50,000 Indirect Purchase N/A
Feb 10, 2011 GENOVA H NICHOLASDirector 50,350 Direct Purchase N/A
Feb 10, 2011 MAAS STEVEN LDirector 124,000 Indirect Purchase N/A
Feb 10, 2011 MAAS STEVEN LDirector 571,000 Direct Purchase N/A
Feb 10, 2011 OLEARY DAVIDOfficer 1,000 Indirect Purchase N/A
Feb 10, 2011 OLEARY DAVIDOfficer 1,000 Direct Purchase N/A
Feb 10, 2011 THOMAS BRUCE AOfficer 12,500 Direct Purchase N/A
Feb 10, 2011 THOMAS BRUCE AOfficer 10,000 Indirect Purchase N/A
Feb 10, 2011 ENGLISH CRISTIN REIDOfficer 2,000 Direct Purchase N/A
Feb 10, 2011 MORAN MICHAEL MOfficer 3,000 Indirect Purchase N/A
Feb 10, 2011 MORAN MICHAEL MOfficer 2,000 Direct Purchase N/A

[HighHoeSilverado]

Still droppn

[HighHoeSilverado]

I've been watching since about 80 cents but still reluctant to buy
What's up with alot of bank shares dropping out of no where
Did Obama mess something else up
IMO the pps is in the 1-5 cent range by the end of the year because they keep selling profitable branches and downsizing so revenue pps everything downsizes too

[TOZ]

Same here. Always looking for new opportunities. It was amazing that you were researcing the same stock as me ( this has happened more than a few times). Great minds think alike.

[WSD]

Haven't made an investment in this, but have been looking. And I strongly believe we will see single digit pennies

[TOZ]

It sure looks bad since insiders have been selling. Is there anything good going on here? They had that conference this month. It almosy seems like why bother to speak? I probably am missing something. Any thoughts?

[WSD]

I think we may see single digit penny's

[HighHoeSilverado]

Since they opted to go octbb will the pps go down into OTC pinky land ? Please reply