Taylor Capital Group, Inc. (NASDAQ:TAYC)
CAPS Rating:
A bank holding company offering deposit products such as checking, savings and money market accounts, time deposits and repurchase agreements to its business customers and community-based customers, typically individuals and small, local businesses.
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Fool UK
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Time to exercise more of those silly demons. 16 days in a row...this has been up 16 consecutive trading days, absurd! I declare shenanigans! 1.1 billion dollars in debt with only 40M in tangible cash and projections are for losses well into 2011 or possibly 2012. Book value has been shaved by 20% already and it should erode further. I really don't see why anyone would have any interest in a company like Taylor Capital at $16 per share, especially given it's been four years since they last had a profit.
UltraLong