Submitted by mebinici t3_1274g0l in wallstreetbets
Lontoron t1_jededsa wrote
Reply to comment by Cutlercares in Metropolitan Bank Holding Corp. down only -23% today! by mebinici
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
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.
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