How can the Wedbush evaluate the value of the shares of this bank if they themselves do not know anything about what is in the accounts of this bank? I remember how the same firm Wedbush valued the shares of one company at $100, and then their shares fell below $1.
A brave person faces death only once, whereas a coward experiences it a hundred times. I earn money without fear, and I encourage you to be fearless as well, because wealth will always come to those who are unafraid.I bought today and will buy if the price drops next week...I want to earn at least 30% -50%, I'm not interested in 1% -5%, because I have no time to waste.
JPMorgan reiterated the stock as a Top Pick and its Overweight rating on First Republic, saying it sees "considerable" EPS upside after the largest U.S. banks - Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan (NYSE:JPM), and Wells Fargo (NYSE:WFC), among others - committed $30 billion in uninsured deposits to boost First Republic's liquidity.
Where do you store your funds? Are you knowledgeable about finance? Is there a reason for me to withdraw my $250,000 if it's already insured and accessible at any other bank?
1. Market capitalization of the First Republican Bank 4.60 billion US dollars.2. First Republic Bank's annual revenue for 2022 was $6.753 billion.Do you understand how cheap it is?
First Republic Bank 4.60 billion USD Market capitalisationAs of December 31, 2022, the company had $150 billion in outstanding loans receivable, including $102 billion in loans secured by residential real estate, $34 billion in loans secured by income-producing commercial real estate, $18 billion in business loans, and $10 billion in other loans.First Republic Bank annual revenue for 2022 was $6.753B, I THINK IT IS VERY CHEAP 5 Billion for bank making biliions USD
It's called trading. Trading involves dealing with traders trying to deceive, scare, mislead or overly inspire you with optimism. To avoid losing money, it is essential to maintain a calm mindset and think rationally.
I am purchasing their shares because the value of their assets exceeds the value of their shares. Although I have already invested most of my money, I am willing to deposit $250,000 into this bank without concern. Today, I plan to buy a minimum of 5,000 shares of this bank for $25-$28, or potentially less.
Do you believe that there are excellent banks whose stocks do not fall? The problem is not with this particular bank, but with the fact that any bank is prone to bankruptcy if all depositors try to withdraw their funds at the same time. Thus, the stability of the financial system depends on people who believe in its stability and do not consider alternative options. As deposits began to dry up, the bank ran into a cash crunch that has since been made up with $30 billion to meet cash needs.I purchase stocks with confidence in their current affordability and trust that the US financial system will take measures to maintain stability. Furthermore, as all American banks have a vested interest in financial stability, they are motivated to prevent similar problems from arising in the future.
Where do you store your funds? Are you knowledgeable about finance? Is there a reason for me to withdraw my $250,000 if it's already insured and accessible at any other bank? Considering the substantial size and significance of this bank, the United States government would not permit its collapse.
You are mistaken or not familiar with the financial sector. Over 80%, not a single stock in this sector has been down lately and these stocks are at that point right now and are therefore a smart buy. The psychology of behavior is more important here, and in this respect any trade is the same. Look at volumes and what parts are being bought or sold. Buy tomorrow everything that will be below $25 and you will definitely earn 10-30 percent
For intraday traders like me, there is no danger. Buy and sell on the same day and hassle-free. I bought and sold everything that fell out in the last 3 years... I don't even remember all the names because there were 200+ of them
I hope that tomorrow the price of these shares will be the same low. I really want to buy for $ 20 like today. I sold all my shares today for a 30% profit. 2-3 more such days and I will have 200% since the beginning of the year.... Short eveyrything . I love buying cheap !
It is a fact that the leading US banks collectively contributed $30 billion to rescue this particular bank, indicating their commitment to saving it. This will reflect in the potential for FRC shares to reach $50.00-$60.00. Therefore, I have decided to purchase 20,000 shares of FRC tomorrow.
You can always buy, but think about who you will sell it to later! Look at the Credit Suisse bank which now costs 2, and until recently it cost 9, i.e. it now costs about 20% of the previous price ! FRC is today at 25% of its original price, but this bank doesn't have the protection of the Credit Suisse and the Fed doesn't matter.. FRC could close at any moment TRAP for BEARS AND BULLS at any time !