The mythical "short squeeze"
$First Republic Bank(FRCB.US$ Wonder where all the people who were calling for short squeezes to 10 - 30 dollars have gone to?
On a serious note, hope that people who read my previous posts followed my expected trading range for FRC after moving to OTC and sold out above 30c.
For the brave souls who want to long this counter, I suggest waiting for 10-15cents. But honestly, why would you want to buy any regional bank shares in this crazy climate? Better off keeping your cash in your bank account and earning safe interest until this storm blows over.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
70873151 : That's it, it's that simple
Let's see how the game ends when they join forces.