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Independent Bank Corporation Message Board

  • tpesco tpesco Mar 26, 2013 1:09 PM Flag

    Only 10% of the stock that was originally issued is out there....

     

    When 100% was out there, the stock had been $12-$14 = $120-$140. If it recovers to even 1/4 of what it was, that is $30-$35 a share, but then watch for a reissue of additional shares at some point. Guessing 1st qtr is going very well with only a week remaining, and hopefully the stocks runs up to the next earnings release.

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