jodddranken t1_jeda7kx wrote on March 31, 2023 at 4:21 AM

Reply to comment by robbinhood69 in Metropolitan Bank Holding Corp. down only -23% today! by mebinici

Holy cow that article is just some kid that thought CRE = office buildings. Horrible takes

[deleted] t1_jedb0ty wrote on March 31, 2023 at 4:29 AM

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Cutlercares t1_jeddita wrote on March 31, 2023 at 4:55 AM

Not just the CEO. Multiple company officers sold all their stake and bounced.

You have it wrong. This thing is going to zero, or more likely bought out. The bounce is temporary, but lucrative if you bought calls before close (which I did).

Lontoron t1_jededsa wrote on March 31, 2023 at 5:04 AM

A bank with increasing deposits and stable loans is going to zero? Okay buddy.

He updated that he was wrong himself. Look at an actual source not a single inaccurate day of webull you child.

https://www.nasdaq.com/market-activity/stocks/mcb/insider-activity

Cutlercares t1_jedf0eq wrote on March 31, 2023 at 5:11 AM

The whole take might be wrong, but that's why you straddle with high volatility.

I'm sure more research will come to light tomorrow and a clear view of the bank's situation will emerge.

For now, I think going with "where there's smoke, there's fire" is the right call.

FYI: I never saw the article. Several posts with the bank's balance sheet were made in other subs I follow.