$First Republic Bank (FRCB.US)$ There's no point in complain...
$First Republic Bank(FRCB.US$ There's no point in complaining. It's still realistic. First, if the stock price is to return to the previous 10-20 US dollars, the bank must have closed in 2008 and reopened in 2010. Second, the biggest institutions that actually shorted were able to absorb enough stocks for a long period of time, provided that retail investors who had not sold the stock before 10 or more have basically cleared the market. Big institutions can see this data, then sit back and sell the price difference. Unfortunately, there are very few people who have actually waited until then, because it's been too long, maybe 2-5 years. The current situation is that I also have Tiger Securities. I just contacted them. They asked me to close my position at the market price, otherwise I won't be able to trade. It's clear that I was able to sell it at the price of cabbage to the basket of big shorting companies, and then after a few years, they took back all of our retail money and used it as capital to open a bank again. Provided that after they reopened, can we count the stocks of Fish that we are still waiting so hard to count, in other words, they can still continue to circulate and trade newly opened bank stocks? That's the problem too! Anyway, I'm currently advocating waiting. Even if the stock price drops from 0.4 to 0.004 now, I'll wait, because at the current market price, my 4,000 US dollars are only worth more than 40 US dollars, so I'm not worried about how it falls no matter how much it falls, because it's not worth it now
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ben123 : I'm not allowed to trade now
彩虹流星 : FRC will begin delisting procedures. FRC did not make any consideration arrangements for previous shareholders after being acquired by JPM; holding FRC lost money. FRC won't get JPM's stock, and the money to get involved in FRC with a sense of luck was lost.
未来888 ben123 : Are you also an FCR victim![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
岁月无声_8154 ben123 : Trading is suspended now, don't worry about the FRC, earn money from other tickets
股民董 OP : Miracles will also happen. It depends on the overall situation. When the banking industry is completely calm and no longer in turmoil, maybe this bank will come back and open again. At that time, the stock will rise 1000% like a rocket
and it may even be moving up. The point is to wait. I think it's probably 2 years from now