This stock is headed sharply higher. I think it get backs to where it was trading recently in the low $20's within the next couple of months. It is way oversold at current valuations of under $10 and will rally in the days ahead.

I think it pyschologically fell to the recent round of capitalization at $8.50 but will now resume a reversal rally now that the stock offering has completed with full subscription of overallotment shares. Private Bank is an absolute steal at these prices which will not likely be seen again in the next few decades. I bought more shares today and will hold until at least $20.