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bargainhunter65

12/15/12 9:05 PM

#5 RE: SaltyMutt #3

The government at any time could auction off their share of PCBS to a private investor. This could greatly dilute the share structure. It was most recently done with other banks in the same region. See link below.
Also PCBS is supposed to be paying a dividend to the Government on the TARP money. They have not been paying this dividend. I will put this one on my watch list. Volume has increased over the past week or two. Maybe there is something here.
GL.
http://www.bizjournals.com/charlotte/blog/bank_notes/2012/11/treasury-takes-a-loss-on-bailouts-of.html?ana=yfcpc