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AutoModerator t1_je9ud8x wrote

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1

VisualMod t1_je9udk0 wrote

User Report
Total Submissions 1 First Seen In WSB 2 years ago
Total Comments 10 Previous Best DD
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ClamChowder85 t1_je9wfhk wrote

Threw chicken bones on the ground. They say you will be wealthy on monday!

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Mooncow027 t1_je9wn07 wrote

I'm confident that you made a good decision. They seem to have a satisfactory amount of cash on hand to help. Granted, I have only 10% of your capital invested but it's a Yolo for me as well.

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spagetzzi t1_je9xm9o wrote

Hope you’re selling options to lower cost basis

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JoshuaByer t1_jea24hb wrote

I'm got in at 12.50 and am still a bit bored with how it's going. Best of luck though.

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JohnnyFnCliche t1_jea6pfz wrote

Well, now we're all fucked once you jumped into the pool...

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xkulp8 t1_jeaa56a wrote

Ummm, stonk's in the 13 handle now

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Wasingtheisofwas OP t1_jeafn7h wrote

Replying to Either_Egg7138 (#2,487,951)

I don’t have the skills to write a DD. Basically, it’s now trading at less than 2X earnings. If they can recover from the bank runs and come out solvent on the other side, I truly believe that this stock will recover over the next 6 months-2 years. There’s a possibility of a 10x return on the outside and a 3-4X return doesn’t seem crazy either.

Also, we really want to build an expansion on our house. If this 5Xs that gets us halfway there in our budget

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XMk-Ultra679 t1_jeamcy4 wrote

Sees banks on fire literally. Yolos into it anyways. img

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Zaros262 t1_jeazocd wrote

Replying to SuperAppleLover (#2,494,131)

I don’t have the skills to write a DD. Basically, it’s now trading at less than 2X earnings. If they can recover from the bank runs and come out solvent on the other side, I truly believe that this stock will recover over the next 6 months-2 years. There’s a possibility of a 10x return on the outside and a 3-4X return doesn’t seem crazy either.

Also, we really want to build an expansion on our house. If this 5Xs that gets us halfway there in our budget

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SuperAppleLover t1_jeb0jl3 wrote

Replying to Zaros262 (#2,494,650)

That was my point in the comment. Earnings will not be the same where it was before because everyone took their cash out. Plus with higher rates, they cannot maintain their previous earnings. How will it recover when most of the people pulled their money out into bigger banks. There’s no incentive for them to return. Example, let’s say you withdrew $5 million out of FRC. Why would you put $1.00 back into FRC?

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Htowntillidrownx t1_jeb581d wrote

Sold my entire portion yesterday….. got 20% since the low. Would be very careful here OP.

The treasuries that they have to sell to stabilize their balance sheet to either attract a buyer or to position themselves to remain independent have lost a significant amount bc as rates rise bond prices fall. And then secondly because almost 40% of assets on their balance sheets are Commercial Real Estate mortgages. Which again have been hurt by the rising rates which puts pressure on real estate prices but also due to the fact that a huge amount of those mortgages were signed before WFH became wide spread. I think demand for commercial office space has been crushed over the last 3 years but bc mortgages aren’t 30 day bonds we haven’t seen that demand reflected in prices yet

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TarikGame t1_jebcesp wrote

Replying to Either_Egg7138 (#2,490,845)

I don’t have the skills to write a DD. Basically, it’s now trading at less than 2X earnings. If they can recover from the bank runs and come out solvent on the other side, I truly believe that this stock will recover over the next 6 months-2 years. There’s a possibility of a 10x return on the outside and a 3-4X return doesn’t seem crazy either.

Also, we really want to build an expansion on our house. If this 5Xs that gets us halfway there in our budget

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Unknownirish t1_jebnhoh wrote

Stop loss? Pfft amateur. OP zero or no karma for you.

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fungamereviewsyt t1_jec0jpo wrote

Excitement to see this swiftly become -99% so you can be one of us

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[deleted] t1_jecqelo wrote

If you put your money in sivbq few days ago that will be fking richimg

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htran1987 t1_jed57hy wrote

No, why would I pray for someone who do something god forbid aka gambling? 😂🥴

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abelabb t1_jedffx5 wrote

Getting advice here on stocks is almost like getting advice on YouTube to buy Scottish land to become a Laird, also too many English teachers who criticize spelling and grammar!

Almost like the housing bubble claims that was about to hit in 2019, oops maybe in 2020, oops maybe in 2021. Oops they meant in 2022, Oops just wait the housing bubble will come in 2023.

It must be true people on this sub and YouTubers who are in theirs late 20’s and 30’s said so.

It’s so funny I’m not sure anyone of them even remember 2008 outside of the breast milk still fresh on their lips.

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