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10 pts

Opinion on  Mercantile Bancorp Inc (MBR)     Sector: Financial  >  Industry: Regional Banks
FDIC

Aug 19, 2009 07:54 PM GMT
Anything
Return Risk
+9.05% HIGH
Sr. Associate

Check out the FDIC info on this bank at FDIC's website. 2Q 2009 the bank projected getting out of a quandry, but they are in pretty deep with failed convenants and attempts to satisfy FDIC regs. With lots of housing price weight to come, this Naples FL bank has a huge uphill battle. Life support systems go?


MBR:  This call was made on 08/19/09 @ $4.65
Rating:   Negative   $4.65 (08/19/09)
Gain/Loss:   +34.41% in 110 days
Target:   $0.60 (-87.10%) in Six months


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