Rational. All I would say is that the dollar has the us military backing it and that is why collectively market participants believe in its value.

I 100 percent agree people pulled bank deposits and sold banking shares… and bought “other currencies” like gold and crypto

I don’t put a lot of faith in Moody’s ratings for a number of reasons.

As far as your claim “big money left” why would BofA, Citi, JPM etc just deposit $20B if they suspected their deposits would disappear?

I live in ID. I was mailed 2 papers.

1 was a paper stating that I was denied my unemployment request.

The 2nd was a paper stating that I was denied PUA with my unemployment request.

I have been self employed since 2017. I have NEVER filled unemployment from 2017 forward OR PUA. It shows my unemployment quarterly earnings was $9k each for 2019?🤷🏻‍♂️ but nothing after that.

Is Idaho Labour Department shadow filing for people to inflate unemployment or denile of unemployment benefits to alter statistics? I know of 2 others here locally, that are self employed, that have recieved the same papers. NEVER FILING. I don’t know what this would do for statistics. I’m only asking questions.

PUA = Pandemic Unemployment Assistance The $200/wk or $600/mo thing that people were given.

I never got it. It ended in 2021 June as far as i know.🤷🏻‍♂️

[deleted]

FRC will be “saved” at a loss to shareholders, guaranteed

Congrats OP!

A few other data points:

• $FRC institutional ownership is still 97%+
• The $FRC implied volatility and option premium has really dropped over the last week, indicating that nerves are calming. Trust me, I will miss this, as I was making bank selling cash-secured puts.

Square beef patties and HJ’s go hand n hand

Well good news, the board reconsidered and decided to give you a "baguette like object". All you have to do is go to your local wendys and wait near the dumpster.

Pretty sure Moody’s just said unrealized losses represent almost 40% of the money FRC set aside to absorb losses and they would also take losses on a large amount of residential mortgage loans, which is why they downgraded them. That hasn’t changed. It’s alarming that they needed the 30 billion schneebs from their buddies to survive, no? There is more to this than they are leading on for sure but what we see and know is more than enough to stay away. The fucking thing was trading at $147/share less than 2 months ago. Big depositors and smart money left/sold and I have my doubts it was simply because “they unfairly lost confidence”

And this sub will still not buy value. Small cap V is gonna kill it over the next decade my ass will be sipping martinis with gold flakes in them.

I think the main premise here is that smaller businesses with more focused management will attract investor attention and help reduce the conglomerate discount. These businesses can merge, acquire or divest their businesses with less scrutiny and will be more responsive to activist shareholders.

Given the focus on efficiency rather than growth at all costs, shareholders and regulators may like smaller companies that emerge

This is yet a theory

Does she have my weekly insider info?

Entered a $397p position for Friday when it looked like a reject at $400 which got blown up today. Down 50% but holding to see what tomorrow brings.

Sir please put your pants back on, Miss Pelosi is on line 2 for you

I mean.... the rest of my portfolio is saving me.

https://preview.redd.it/fagqjhwy3tqa1.jpeg?width=1080&format=pjpg&auto=webp&v=enabled&s=0a9feb1122ed927ba2199ca5a0e5dbf61635432f

14% divvy is nice but can we get 28%?

Is this the support group for put holders? Fear mongering seems to help justify mistakes

Well, that may be but that wasn't really the point. I was just pointing out that in addition to Big Tech, people ran to Crypto and Gold. The last two actually make more sense to me since they would be the natural beneficiaries of a failing financial system putting the USD at risk (I'm not saying this is happening - only that a lot of folks are worried it might). The Big Tech injection I think was just a response to a volatile and declining market. Lastly, just like a piece of paper with numbers written on it, Crypto is only as valuable as people think it is. That can be said about almost anything. Art, NFTs, collectibles - anything that provides little function but is valuable for no other reason than because people think it is.

>I agree with your assessment of First Republic. I believe the stock is undervalued and has potential for significant growth in the future.

I just want to eat my baguette and have it too! Why can't I do this!

I’m balls deep - SLG YOLO 300 LEAPs and 6500 shares, $20/share is a joke.

This is stupid

Kicks at the dirt and turns away in a pout with arms folded.