IBCP:would like adding 5,000$ to my 3,500 worth in this stock,if i had more cash.
Will definitively be a Monster RUN from $1.5.
I think this stock soon back in normal business, they can generate profit 1$ to 3$ / share (7 millions to 20 Millions). The only unknown is : in what form will the co make the final funding in 70-100 Millions to get rid of the TARP and not let the Government convert and steal the cake of this bank.
So i imagine this stock is worth 100 to 200 Millions, unknown: the % dilution about the recapitalisation either with private partner either convert govern preferred shares.
If the govern gives more 'free' time to the bank,says 2-3 years. They will completely repay TARP and is not forced to dilute anything!
Current market cap: about 25 Millions based on 3.8$/share.
The reason I need Good DD's :
