SimaRick
commented on
SimaRick
commented on
$Bank of America (BAC.US)$ this is the worst stock dude
1
5
SimaRick
voted
It has not been great for the banks.
After SVB and Silvergate's meltdown, even the larger banks are facing scrutiny.
One of them is $Bank of America (BAC.US)$. Here's what you need to understand, as per what the news are highlighting, and what you missed.
1. The MTM losses
The culmination of SVB's bank run is attributed to a few factors that IF happened simultaneously, would then trigger the bank run.
One of if was being forced to realize the unrealized losses...
After SVB and Silvergate's meltdown, even the larger banks are facing scrutiny.
One of them is $Bank of America (BAC.US)$. Here's what you need to understand, as per what the news are highlighting, and what you missed.
1. The MTM losses
The culmination of SVB's bank run is attributed to a few factors that IF happened simultaneously, would then trigger the bank run.
One of if was being forced to realize the unrealized losses...
1
2
SimaRick
commented on
SimaRick
voted
$Grab Holdings (GRAB.US)$ Wu Ngiap Foo, the technical director of ride-hailing and food delivery company, will leave the company after working for seven years on March 31 to join the cryptocurrency game startup, according to people familiar with the matter. Company Ethlas.
Wu Ngiap Foo, who is responsible for building the Grab mobility service fleet, has been a key member of Grab's leadership team, having helped the compa...
Wu Ngiap Foo, who is responsible for building the Grab mobility service fleet, has been a key member of Grab's leadership team, having helped the compa...
2
SimaRick
commented on
$Grab Holdings (GRAB.US)$ OK... Lucky I just use 100+sgd to test this stock out... 50% down... I just gona leave it there.
1
3
SimaRick : wtf