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Colonial Bancgroup Inc. (CNB) 7/15/08 Close $3.71 The Financial Sector has just been hammered. Regional banks have been picked on the most . The last time CNB Reported they had over 2 Billion in cash . The market cap on CNB is 784 Million as of today. i am sure the cash will be less due to the mortgage write downs they may need to take. Does this bank that did not get involved in sub prime loans have anything to hide? We were due to find out that question when earnings were scheduled to be released next week. Until they announced this pr today. Assume the negative because that is all the market like to announce these days COLONIAL BANCGROUP TO EXPEDITE ANNOUNCEMENT OF SECOND QUARTER 2008 RESULTS TO JULY 16, 2008 Negative or positive? I would say very positive to want to announce results early after your stock looks like this How about insider buys of stock? | INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS | | Date | Insider | Shares | Type | Transaction | Value* | | 17-Jun-08 | HARRIS HUBERT L Director | 2,000 | Direct | Purchase at $4.70 per share. | $9,400 | | 13-Jun-08 | BYRNE DAVID B JR Officer | 300 | Direct | Purchase at $4.41 per share. | $1,323 | | 6-Jun-08 | COPE CARYN D Officer | 5,500 | Indirect | Purchase at $5.02 per share. | $27,609 | | 6-Jun-08 | BEVILLE LEWIS E Director | 4,000 | Direct | Purchase at $5.04 per share. | $20,160 | | 4-Jun-08 | BYRNE DAVID B JR Officer | 400 | Direct | Purchase at $5.20 per share. | $2,080 | | 4-Jun-08 | WELCH ED V Director | 4,000 | Direct | Purchase at $4.99 per share. | $19,960 | | 3-Jun-08 | BEVILLE LEWIS E Director | 12,200 | Direct | Purchase at $5.92 per share. | $72,224 | | 30-May-08 | BEVILLE LEWIS E Director | 6 | Indirect | Acquisition (Non Open Market) at $8.14 per share. | $48 | | 30-May-08 | BEVILLE LEWIS E Director | 443 | Direct | Acquisition (Non Open Market) at $7.69 per share. | $3,406 | | 30-May-08 | BEVILLE LEWIS E Director | 7,750 | Direct | Purchase at $5.79 per share. | $44,872 | | 28-May-08 | BYRNE DAVID B JR Officer | 500 | Indirect | Purchase at $5.71 per share. | $2,855 | | 28-May-08 | BYRNE DAVID B JR Officer | 500 | Direct | Purchase at $5.68 per share. | $2,840 | | 27-May-08 | COPE CARYN D Officer | 2,300 | Indirect | Purchase at $5.96 per share. | $13,708 | | 27-May-08 | COPE CARYN D Officer | 2,194 | Direct | Acquisition (Non Open Market) at $11.14 per share. | $24,441 | | 27-May-08 | CLEMENTS AUGUSTUS K III Director | 3,000 | Direct | Purchase at $5.90 per share. | $17,700 | | 23-May-08 | BYRNE DAVID B JR Officer | 29 | Direct | Acquisition (Non Open Market) at $7.69 per share. | $223 | | 23-May-08 | BYRNE DAVID B JR Officer | 1,500 | Direct | Purchase at $6.45 per share. | $9,675 | | 23-May-08 | HARRIS HUBERT L Director | 1 | Direct | Acquisition (Non Open Market) at $7.69 per share. | $7 | | 23-May-08 | HARRIS HUBERT L Director | 2,000 | Direct | Purchase at $6.52 per share. | $13,040 | | 23-May-08 | MCGREGOR MILTON E Director | 500,000 | Direct | Purchase at $6.37 per share. | $3,185,000 | | 9-May-08 | MOORE SARAH H Officer | 54 | Indirect | Purchase at $7.50 per share. | $405 | | 9-May-08 | MOORE SARAH H Officer | 164 | Direct | Acquisition (Non Open Market) at $9.14 per share. | $1,498 | | 9-May-08 | MOORE SARAH H Officer | 366 | Direct | Purchase at $7.50 per share. | $2,745 | | 29-Apr-08 | LINDEN DEBORAH L Director | 1,230 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $12,742 | | 29-Apr-08 | HARRIS HUBERT L Director | 265 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $2,745 | | 29-Apr-08 | BEVILLE LEWIS E Director | 325 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $3,367 | | 29-Apr-08 | CLEMENTS AUGUSTUS K III Director | 314 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $3,253 | | 29-Apr-08 | CRAFT ROBERT S Director | 530 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $5,490 | | 29-Apr-08 | DYE PATRICK F Director | 229 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $2,372 | | 29-Apr-08 | HOLDBROOKS CLINTON O Director | 289 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $2,994 | | 29-Apr-08 | MCGREGOR MILTON E Director | 271 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $2,807 | | 29-Apr-08 | POWELL WILLIAM E Director | 380 | Direct | Acquisition (Non Open Market) at $10.36 per share. | $3,936 | | 29-Apr-08 | MILLER JOHN C H JR |
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CNB:
This call was made
on 07/18/08
@ $5.51
| Rating: |
$5.51 (07/18/08)
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| Gain/Loss: |
n/a
in
1796 days
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