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Re: None

Monday, 01/16/2012 6:19:46 AM

Monday, January 16, 2012 6:19:46 AM

Post# of 911
TNCC! $5.00 a share real soon IMHO! Good or bad news...............

Investors also apparently view the purchase of failed Beach First as a huge profit opportunity for BNC Bancorp. The stock of BNC Bancorp skyrocketed 12.5% in after hours trading, up $1.03 to $9.28. Bank management and insiders who hold almost 20% of BNC’s float of 7.34 million shares, have instantly reaped a $1.5 million windfall, courtesy of the US taxpayer who ultimately pays for the cost of failed banks (in this case alone $130 million). Keep in mind that BNC Bancorp “purchased” failed Beach First with no money down and an FDIC guarantee to pick up most of the losses on the failed bank’s assets.

http://problembanklist.com/insiders-reap-huge-profits-on-purchase-of-failed-south-carolina-bank/

The truth, so they say, is very expensive to prove in court. LOL.

http://investorshub.advfn.com/boards/board.aspx?board_id=23040

netslander.

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