Investing in small cap companies can at times make an investor feel like he has uncovered a gold mine that has yet to be noticed. Earnings announcements and updates can continue for long stretches of time without any effect on shares which requires a patience reserved for very few. But, continual outperformance will eventually catch on and that is the case for Peoples Bancorp of North Carolina (NASDAQ:PEBK) that has seen its shares move up 11% since first quarter earnings were announced less than a month ago.
Peoples Bancorp has rebounded significantly from the financial crisis that saw shares go below $5 a little over two years ago. This move came off the back of several major...
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