Guaranty Bancorp Del (NASDAQ:GBNK)
The Company is a financial holding company and a bank holding company providing banking and other financial services throughout its targeted Colorado markets to consumers and to small- and medium-sized businesses.
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Recession.
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Look for a nice turnaround here as all the dust settles from the hyper activity before the banking meltdown. 4.75
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John Eggemeyer
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EPS is good, and CBHI has just about finished the cleanup stages of several mergers. Now they can get down to business.
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Some very intelligent and successful individuals (e.g., John Egemeyer) are backing this Colorado bank, and there has been a large amount of insider buying activity over the last 6 months. Worth an outperform call even though (or because?) the stock price has been trending down steadily since initial listing in late 2005.
Recs
P/B is .83 for every dollar while book value per share is 10.29. CBHI currently trading at 8.55.
John Egemeyer recently purchased 1mill shares at 9.50. He isn't going to lose his investment.
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