I’m buying $FRC. People are too emotional
First Republic Bank is getting dumped by panicked, emotional investors who aren’t thinking straight. Their liquidity is actually really strong. Their customers are primarily individuals, not corporations. They are so wrongfully lumped into this fiasco right now if you actually take a moment to read up on this. Plus we’re seeing other banks get “bailed out.” I put that in quotes because while it’s not as blatant as 2008, let’s be honest it’s still very much a bail out Update: turns out I was onto something 😉
It's a falling knife, catch at your own risk. Also it doesn't matter how strong the bank liquidity is. Bank run doesn't work this way.
😂😂 government doesnt give a fuck about a bank with less than a trillion aum
SVB and signature both fall into that category??
They are bailing depositors out at the expense of investors. Are svib and sbny trading? They will be turned into pink sheets soon
Only depositors are insured but not investors,if you are ready to gamble then go ahead .
Market sentiment may stay irrational longer than the bank stays solvent. Good luck 🤷♀️
This is the age old dilemma. Ready to ride
Banks are not getting bailed out🤦🤦🤦 sigh That line is enough for me to tell about your investment thesis in first republic bank
It turns out I am in fact significantly smarter than the hedge fund managers.
WAL is up 100% in last 45 mins after people realized Goldman is investing
We're not seeing banks getting bailed out. We're seeing shareholders getting wiped out.
I must’ve been too busy making almost 50% returns already to have made myself clear 😎 I literally said it’s not a bail out but let’s be realistic it’s a bail out
So you're a day trader.
Doing the same very with options . I would suggest wading into it though
No DCA’ing today sir full YOLO 🤝
How much money are you putting in?
16% of stock portfolio. Sold some index funds for this Probably way more than my unemployed ass should be putting in but YOLO
Well, all the best. Hope you have done more research than what you have written given the risk you are taking