KingJimmy
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Investor Thomas Kahn criticizes bank regulators for NYCB's dividend cut, arguing more time could have been given to build capital. He praises NYCB's conservative lending and CEO Tom Cangemi's leadership, recommending the stock as a 'Buy' with an estimated value of $10-$15 a share.
A Big NYCB Shareholder Is Blaming Regulators. 'What They Did Is Foolish at Best.' -- Barrons.com
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$New York Community Bancorp (NYCB.US)$
Quoting a recent article from Barrons:
"NYCB had thought regulators would give the bank a year or so -- after its government-sanctioned purchase of Signature loans -- to build NYCB capital levels up to those of the biggest banks.
"But the regulator said 'No, we'd like it yesterday,'" Kahn says. "And when your regulator says 'Jump,' you ask, 'How high?'"
Quoting a recent article from Barrons:
"NYCB had thought regulators would give the bank a year or so -- after its government-sanctioned purchase of Signature loans -- to build NYCB capital levels up to those of the biggest banks.
"But the regulator said 'No, we'd like it yesterday,'" Kahn says. "And when your regulator says 'Jump,' you ask, 'How high?'"
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$New York Community Bancorp (NYCB.US)$
Management has shown incredible resolve around this challenging period for the bank and I expect them to contnue being reliable. In crisis management, showing updated financials ytd last night was a great beacon of quality. Then in the call this morning, allowing for the Executive team to respond to investor questions directly, in my opinion, greatly increased confidence in their path moving forward.
Despite needing to shore u...
Management has shown incredible resolve around this challenging period for the bank and I expect them to contnue being reliable. In crisis management, showing updated financials ytd last night was a great beacon of quality. Then in the call this morning, allowing for the Executive team to respond to investor questions directly, in my opinion, greatly increased confidence in their path moving forward.
Despite needing to shore u...
KingJimmy
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$New York Community Bancorp (NYCB.US)$ deposits up 2billion since december 31’st is great news. Lets see what else we can learn in the call.
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$Tellurian (TELL.US)$ The press today, in my opinion, is as bad as it gets. This means absolutely nobody was interested in buying the money pit that is Driftwood LNG.
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KingJimmy
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Allen Media Group believes their $30 billion offer, which includes debt and equity, is the best solution for all of the Paramount Global shareholders, and the bid should be taken seriously and pursued.
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KingJimmy
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$Paramount Global-B (PARA.US)$
Bryon Allen vs David Ellison
Who will win the bid? And will Warren Buffet sell his shares at a loss?
Bryon Allen vs David Ellison
Who will win the bid? And will Warren Buffet sell his shares at a loss?
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KingJimmy
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Let's do some Proshares reverse stock splits calculation since the inception. Let's say u have 10,000 shares and went thru 5 reverse stock splits.
10,000 = 1:5 = 2000
2000 = 1:4 = 500
500 = 1:5 = 100
100 = 1:10 = 10
10 = 1:20 = 0.5
Your 10,000 shares became 0.5 fractional share.
Worth 0.5x$24.4(26/1/24)=$12.2 today's value
This ETF also doesn't have a dividend. The worst ETF.
10,000 = 1:5 = 2000
2000 = 1:4 = 500
500 = 1:5 = 100
100 = 1:10 = 10
10 = 1:20 = 0.5
Your 10,000 shares became 0.5 fractional share.
Worth 0.5x$24.4(26/1/24)=$12.2 today's value
This ETF also doesn't have a dividend. The worst ETF.
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KingJimmy
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Proshares is the worst fund manager I have ever seen. Check their website. They are doing a lot of reverse stock split to their funds. Since BOIL is listed on 10/04/2011. The share price keeps going down. There is no bottom. Proshares has done 5 huge reverse stock splits and destroying share holders' interest just to keep this fund afloat. Is this fund a scam? Be careful when investing in this fund.
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