PrivateBancorp Inc. (NASDAQ: PVTB) is another actively traded stock on the downside on what may be a day-two dumper. This fell from $11.98 on Monday to $9.65 yesterday on 10+ million shares. On Friday this was a $19.00 stock. This is over concerns on the pricing of its $175M capital raising plan, which actually looks to be the fourth such raise in the last 24 months. Rising credit woes have grown here as well. At 8:57 AM EST we have seen some 1.4 million shares trade hands and the stock is down almost 5% at $9.18. Anything under $9.09 would be a new 52-week low. Average volume is only 700,000 shares, and that number was closer to 550,000 before the recent surge in downward-trading selling volume. JON OGG
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