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Commerce Bancshares, Inc. Message Board

  • LotsMoreCash LotsMoreCash Oct 13, 2000 1:37 PM Flag

    Tough audience this public market!

    I know this board to be relatively inactive but
    with the interesting things happening to this stock
    there may be more interest rising! I agree that the
    movement and volume in the last few weeks has been
    impressive and I believe it�s on the strength of analysts
    recommendations.

    Yesterday Credit Suisse First Boston initiated coverage
    with a Hold (but I thought I also saw it listed as a
    buy somewhere).

    And, to fuel the acquisition
    discussion I saw this news release from Wells Fargo. They
    have made a Shelf Filing with the SEC to allow them to
    generate 10B$ in cash. The intended use is for general
    corporate
    expenses.

    http://biz.yahoo.com/rf/001004/n04273198.html

    Long and Very Strong on CBSH

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Cash,

      It seems that even the spammers are
      avoiding this board! Since your post was the last of any
      revelance I am responding to it.

      Something of
      interest may be in the offing,since the stock volumn is
      way up recently. From a trading perspective, the
      patterns are kind of goofy, with many trades between the
      bid and ask. Even with the higher vol. the price
      moves very little in either direction.

      As for an
      Acquisition-- Wells Fargo seems to have a pretty full plate
      right now. They seem to be doing deals every other
      day-- I would be curious if any long time posters have
      any thoughts on the subject?

      Good Luck--Trade

 
CBSH
46.45+0.11(+0.24%)Jul 11 3:59 PMEDT

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