Sold some FRC puts I bought yesterday for a tidy profit.
Moody's downgraded the US banking sector today.
Buy when there's blood in the streets.
4 replies (most recent on top)
Well if the shelf offering is valid the price should drop. Made a bunch investing my IRS money in BNKD. Still counting on WFC going 45. Soft landings, pivots and the rest are just narratives of the "old wall" media. Just wondering who is going to buy that pesky mortgage servicing op of Wells.
I bought some wells and probly buy some western alliance bank stock tmrw
Congrats. It reminds me of the hit airline stocks took after 9/11, or the BP oil spill(s) or during 2008 when banks to a big fat dive. Every now and then it is obvious when to get in, get out and be patient for the next roll.
@OP here, switch bought and sold.
Damn mari--ana.