Replies to post #10438 on Loss to Profit, let's make your lost money back !

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MERR 2.9 Hot!target +$4-5?:who said that bank business is DEAD?

They are opening another new 'niche' Bank !! read PR in bottom
Very good trading opportunity too here.

SBCF is worth a look indeed, technically it's resuming slowly its positive trend.







Merriman Capital Establishes Riverbank Partners to Expand Investment Banking Capabilities
TUESDAY, JANUARY 11, 2011 9:05 AM
- PR Newswire




MERR
2.90 +0.5301





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SAN FRANCISCO, Jan. 11, 2011 /PRNewswire via COMTEX/ -- Merriman Capital, a wholly owned subsidiary of Merriman Holdings, Inc. (MERR) , today announced the formation of a new investment banking division, Riverbank Partners ("Riverbank"), to help independent investment bankers serve their corporate clients and grow their respective franchises.


Riverbank Partners will support independent bankers by leveraging Merriman's existing institutional investor distribution, compliance and legal services, technology infrastructure and idea generation.

Riverbank will be managed by Wall Street veterans Ed Bralower and Dean Benjamin. Bralower has 25 years of experience as a senior sales trader and relationship manager at Jefferies Group, Inc. Benjamin has more than 20 years of experience in the areas of law, investment banking, structured finance and private equity with firms such as Schulte Roth & Zabel, Credit Suisse and Ascent Real Estate Advisors, LLC.

"Eddie and Dean have an innovative model that we believe will aggressively expand our capital markets and origination capabilities as we help independent, entrepreneurial investment bankers maximize opportunities for their clients," said Alex Seiler, CEO of Merriman Capital, Inc. "Their deep contacts and relentless energy will also benefit other areas of Merriman Capital, including our sales and trading business. We look forward to helping them grow Riverbank into a significant player in the independent investment banking arena."

Bralower and Benjamin's group will work closely with Merriman Capital's Alex Seiler, CEO, Jon Merriman, co-chairman, and Michael Marrus, head of investment banking. Bralower and Benjamin will operate out of Merriman's New York office, with a Riverbank office opening in Connecticut in February.

"We are excited to partner with Merriman in supporting entrepreneurial investment bankers who have recently gained independence from bulge bracket firms," Bralower said. "Merriman has the infrastructure and distribution to help us tailor capital markets services for seasoned investment bankers, enabling them to remain focused on understanding and meeting their clients' expectations."

"Riverbank has similar potential to our former Institutional Cash Distributors ("ICD") division, which was formed in 2003 and became a meaningful contributor to our revenues until its sale in 2010," said Jon Merriman. "The independent investment banking business is an equally significant opportunity. Riverbank will be a strong resource central to our core focus of providing fast growing companies access to capital, which is crucial to building employment and ultimately our economic recovery."

About Merriman Holdings, Inc.

Merriman Holdings, Inc. (MERR) is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services. Merriman specializes in three industry growth sectors: Technology, CleanTech and Consumer, Media & Internet. For more information, please go to http://www.merrimanco.com/.

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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.