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Enter Symbol:
 
GREEN BANKSHARES INC (GRNB) [hlAlert]

Rating:
Sell GRNB
up 100.00 %

GREEN BANKSHARES INC (GRNB) downgraded to Sell with price target $2 by Wunderlich

Posted on: Thursday,  Oct 21, 2010  8:25 AM ET by Wunderlich

Wunderlich rated Sell GREEN BANKSHARES INC (NASDAQ: GRNB) on 10/21/2010, when the stock price was $3.66. Since
then, GREEN BANKSHARES INC has lost 50.00% as of 09/19/2012's recent price of $1.83.
If you would have followed this Wunderlich's recommendation on GRNB, you would have gained 100% of your investment in 699 days.

Green Bankshares, Inc. is a bank holding company. The Company owns 100% of the capital stock of GreenBank (the Bank). The primary business of the Company is operating the Bank. The Company?s assets consist primarily of its investment in the Bank and liquid investments. The principal business of the Bank consists of offering deposits, investments in loans, primarily in commercial and residential real estate loans, commercial loans and installment consumer loans. It also offers other financial services through three wholly owned subsidiaries. Through Superior Financial Services, Inc. (Superior Financial), the Bank operates eight consumer finance company offices. Through GCB Acceptance Corporation (GCB Acceptance), the Bank operates a sub-prime automobile lending company. Through Fairway Title Co., the Bank operates a title company. Its subsidiary is Civitas BankGroup, Inc.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2010 8:25 AM Sell
None
3.66 2.00
as of 12/31/2010
1 Week up  11.14 %
1 Month down  -25.93 %
3 Months up  8.46 %
1 YTD up  8.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2010 8:25 AM Hold
None
10.23 12.00
7/30/2009 8:25 AM Hold
None
4.95 5.50
4/20/2009 10:25 AM Hold
None
8.38 9.50

(*) Stock Price at the time of the recommendation.
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