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Pacific Capital Bancorp Message Board

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  • STupidProfile605 STupidProfile605 Apr 29, 2010 2:09 PM Flag

    Looks like the upside scenario is down 90% from here

     

    To be fair, if the stock trades for north of $0.20 at the time of the rights offering, the rights offering would have significant value for shareholders that own today. My original math inaccurately excludes this, which means today's shareholders could recover some meaningful value. Highly highly sensitive to the value of the rights offering.

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