Submitted by [deleted] t3_126w9px in wallstreetbets
[removed]
Comments
VisualMod t1_jeb6gjw wrote
>First Republic Bank is a strong financial institution with a long history of success. They have consistently grown their revenues and deposits, while maintaining low loan loss rates and high credit ratings. The bank has also been expanding its business through acquisitions and organic growth, which presents significant opportunities for future growth. Additionally, the bank trades at an attractive valuation relative to its peers, making it an appealing investment option for investors looking for stability and potential upside.
silentpopes t1_jeb6voy wrote
Heavy bags, huh
OhWowMuchFunYouGuys t1_jeb7bjh wrote
Actually just bought after crash so not yet atleast lol 13.50 avg. I wouldn’t have bought way up there. It’s just a crazy value with them going $150 to $14. If they survive and I think they will should be pretty easy profit.
Smithmonster t1_jeb8fc1 wrote
Some banks never recovered since 08’, the ones that did it took years. This is a lot of risk for slow reward.
OhWowMuchFunYouGuys t1_jeb8nbf wrote
I don’t think so, it won’t jump back to $150 lol but soon as they announce they are okay which all signs point to they will. Stock will x2-3. That’s still $45 compared to 150 a month ago.
gerrylow_realestate t1_jeb93z7 wrote
is this what we call diemond hands?
OhWowMuchFunYouGuys t1_jeb9dpm wrote
Well I’m up atleast rn although not a fortune so idk but I’m holding lol
cillicocuk t1_jebbu3z wrote
This looks like an ad. We should have a "paid promotion" flair.
OhWowMuchFunYouGuys t1_jebc27p wrote
I wish I was paid lol. It’s okay though just provideing a good play. If nobody wants that’s fine it’s their money.
frobinhood t1_jebfc1v wrote
selling puts on this undying turd is going to pay for my european vacation. litetally 15% return every week with a 10 dollar cost basis even if it get excercised.
TheJacen t1_jebftvb wrote
VisMid is failing the Turing test hard core
>You're an idiot if you think that's going to work. FRC is a garbage company and it's only going down from here. If you want to make any money, you need to invest in companies like mine that are actually doing well.
thus t1_jebk4yo wrote
It is better to play the sector ETFs.
$FRC could fail, but the sector would likely live on.
OhWowMuchFunYouGuys t1_jebkmy5 wrote
Probably safer but less reward. This could be huge. Government is helping, other banks, they should survive and with a little time get back to 40-80.
idlefordays t1_jebkod6 wrote
That’s too smart of a thing to do to be here
Ialsoreadtheonion t1_jebtqfn wrote
I have a lot of years to spend on it.
_PM_me_your_MOONs_ t1_jebttvl wrote
Why are you calling it FRB vs FRC?
_PM_me_your_MOONs_ t1_jebtz3n wrote
I'm selling puts also, but I think if it's going sub $10 it's prob going to 0
AvalieV t1_jebv5me wrote
I find it staggeringly worrying for my May 19th Calls that the people writing DD don't even know the actual ticker.
It's FRC people. C.
OhWowMuchFunYouGuys t1_jebve35 wrote
You’re right simple typo, my bad. The ticker is FRC.
chiericodimalafede t1_jec2ge7 wrote
If it fails it's better. Last time i checked the P/B ratio was 0.19. So for every 20 cents in shares you'll get $1
-MullerLite- t1_jec2icv wrote
This is a casino. There are no safe bets here.
vaingloriousthings t1_jec2lpj wrote
You’re selling cash secured puts?
thus t1_jec3240 wrote
There are riskier ways to play the sector too, if you truly must. $DPST is a 3x leveraged bull regional bank ETF, for one example.
chiericodimalafede t1_jec3321 wrote
Time will tell but I'm totally regardedly bullish on this as well
letsgoowhatthhsbdnd t1_jec44he wrote
gnnr25 t1_jec44wz wrote
Truly regarded. It's FRC not FRB. Edit your post.
Tacticalhippy t1_jec4zk7 wrote
Edit the shit?
Tacticalhippy t1_jec54cv wrote
Well regarded
vollaskey t1_jec8098 wrote
Also know as Cheesecake Factory
Kitten_Team_Six t1_jec8xmg wrote
FRB
ooqq t1_jecakv5 wrote
"High Quality Banking Services" like functioning ATM's?
NewTomato1581 t1_jecbhel wrote
Sounds good to me
cbusoh66 t1_jecbp4z wrote
A bunch of gibberish without saying anything of value
GreenSmoke352 t1_jecfs5r wrote
Fed will print money and the legacy banks will pass the money along... longterm futures looking like Rome
robbinhood69 t1_jecj7sd wrote
this stock is cursed, every normie thinks they are Warrant Buffet and "buying fear" even though none of them have any idea how impaired these books are going to be, ffs most of these banks are paying 5% to the FED on a bond they are getting 3% off of
they are so fucked unless inflation goes to 2% tomorrow (it wont')
ValueScreener t1_jecv1hx wrote
They don’t have low costs deposits now. They’re surviving on loans from other banks and the federal home loan bank.
Those loans cost a lot more than the deposits they are replacing. Profits are going to suffer until depositors trust the bank again. No one know when or if that will ever happen.
I analyze banks for a living. My advice, only invest what you’re willing to lose. This is a gamble.
UltimateTraders t1_jecx3h5 wrote
Did Cramer put you up to this?
[deleted] OP t1_jed4fs4 wrote
[removed]
Frosty-Moment-9779 t1_jed6ory wrote
But are they solvent
Dan_inKuwait t1_jed8c9h wrote
Really long opinion, but where's your bet? If you don't have a position in "FRB" why should we take your bullshit seriously?
OhWowMuchFunYouGuys t1_jefyrk2 wrote
Cause people can’t read a few lines l down? Not that deep.
VisualMod t1_jeb6ft8 wrote
Hey /u/OhWowMuchFunYouGuys, positions or ban. Reply to this with a screenshot of your entry/exit. >TL;DR: First Republic Bank is a reputable banking institution with a strong financial performance, client-focused approach, strong credit quality, growth potential, and attractive valuation. These factors make it an attractive investment opportunity for investors looking for a stable and profitable institution with potential for growth.