im going through this with $First Republic Bank (FRC.US)$ la...
im going through this with $First Republic Bank (FRC.US)$
last week 25-$33 now half of that around $12 . Now I am thinking of cuttingn short. But I look at its history and financial statement .decent . regardless the current event and conciderring the money Bs donated by other banks help. The devaluation from S&P over the weeekend . Yes. got me feeling a certain way. cut short my loses. but my strategy … at the moment… reminding myself that its Monday. March adn April is yax season. Volatily like this expected. and compared to oast year eventhough this current event turn this a little wack. but it seems like mid april Hopefully its going to settle and neautral same frice around 35$ or more
unless it goes down too ![]()
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San Diego, CA. Part time trader. Want to meet new people, network, and travel the world!
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Scorched earf : They laughed at me and called me names when I let everyone here know, I was shorting it from 35 down to 23. It sucks, I was waiting to go long, and it just kept going down. I can’t buy it now I switched over to PACW
Scorched earf : I still have questions though. What kind of interest will they have to pay all the other banks back with that gave them money. Nobody gives money for free. If Warren Buffett is involved, well, then he doesn’t lend money for free. There’s a lot of unanswered questions with all the influx of cash they’re getting.
L-S- : USA murdered other countries to rob assets. this is bigger bank robbing smaller banks for assets.
Souxiesue OP Scorched earf : The feds just need an excuse to keep printing money and devaluations the dollar
Money = debt