People in the know, insiders, are supporting the stock. The insiders are not going the let the bank fail, but are going to support it, and the economy seems to have turned the corner, so the corner on bad debt and deflation is also turning. About 8 other regional banks are also up 100 to 400% in just 1-6 weeks now!!!! I bought CACB and CASB shares today. Others are CADE, CT, CPF, CRBC and ABK, and MBTF. All but one is on a huge rally tear to moon orbits right now!
These bank investors know something!!!!
Many of these regional banks are still selling for 5 to 10% of their 5 year highs!
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