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  • Well-Capitalized Regional Banks: The Bottom Is In [View article]
    the reason CNB is up is due to the early release of it's report and wall street pandemonia not from a bottom. So if you were a day trader good on ya, but don't be suprised over the next week when it hits the 2.98 mark.
    Jul 15 13:09 pm |Rating: 0 0 |Link to Comment
  • Well-Capitalized Regional Banks: The Bottom Is In [View article]
    to recover exists, but I think it's too early to pull the trigger. I would waite until the 16Jul when quarterly report is released and focus on what they right in the small print as well as the numbers they report.
    Jul 15 12:38 pm |Rating: 0 0 |Link to Comment
  • Well-Capitalized Regional Banks: The Bottom Is In [View article]
    The way you are evaluating CNB specifically makes very little sense to me. They are heavily vested in florida to include commercial loans that have been trailing residential loans on the fall. Also, read closely to how CNB made its calculations with changing at risk accounts to 90 days rather than 60 days in order to hide its close to 500 million in loans that are 75 days past due. They currently have ,if i remember correctly, around 250million in their default account which will not cover the actual loss of loans if they go over 90 days. Hence, the evaluation decreases even more. I would agree that the potential form CNB
    Jul 15 12:36 pm |Rating: 0 0 |Link to Comment
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