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CAPITOL BANCORP LTD Message Board

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  • ceoeagle ceoeagle Mar 9, 2011 8:04 AM Flag

    Insider bought 15k shares on the open market

    Good point about possible insider trading. There is probably a 60-90 day window for trading.

    The conversion of Trust Preferred will likely not happen for another quarter based on the insider buying. The stock price will remain at $ .16 until then.

    The other big variable in the meantime is the FDIC.