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Commercial Capital Bancor (CCBI) Message Board

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  • bancinvstr bancinvstr Sep 19, 2003 7:42 PM Flag

    downgrade from Sandler O'neill

    I got out 2 weeks ago when the management and directors sold 235,000 share in about a week. It was my feeling that following a director meeting that they saw the pipeline report and decided the party was over. With 60% of their business in the refi market and higer rates on their way there is no way they con hold their present earnings. I have wondered why the market has been up on this stock for 2 weeks.