Submitted by PussyBreath007 t3_1264nxo in wallstreetbets
robbinhood69 t1_je7ntnu wrote
Reply to comment by thus in $FRC - Puzzle Pieces by PussyBreath007
you realize institutional ownership data is like 4 months delayed right ?
no, of course you don't, u imbecile
PussyBreath007 OP t1_je7oahw wrote
That’s not very kind. I’ll try to get more current info on tutes ownership %
robbinhood69 t1_je7pijk wrote
This whole thread is walking people into a trap, which is not very kind since the DD lacks any semblance of even basic knowledge of reference materials
thus t1_je85zd8 wrote
If FRC was going to implode, it most likely would have gone into receivership 10ish days ago.
robbinhood69 t1_je8gcj4 wrote
Silvergate is basically humping along outside of receivorship but its prolly gonna bleed forever, this is a moronic play
thus t1_je8i4gn wrote
Like I said elsewhere in the thread, and what is reflected in my portfolios, a specific bank is not the best way to play a recovery.
Buy bull put spreads, shares and CCs, or leaps in a sector ETF like KRE.
If you really must have more risk, then pick a levered-up sector ETF like $DPST.
thus t1_je8i65k wrote
I am shocked SI is not collapsed, to be honest.
irongi8nt t1_je8hwuo wrote
All y'all bears say the same thing every week "by Friday they will be in receivership" it's getting old...
robbinhood69 t1_je8i701 wrote
!remindme one year
irongi8nt t1_je8ko6r wrote
You have $1 puts out to next year, I hope your not also shorting :P
robbinhood69 t1_je8okdg wrote
Im not touching this coz vols r blown out coz its priced in that this shit is going down
It’s like amc
It’ll hump along but theres no salvation here, only down
RemindMeBot t1_je8i9ah wrote
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robbinhood69 t1_je8i6b4 wrote
Lol have fun getting rekt
thus t1_je869rs wrote
That said. $FRC is not the smartest way to play this.
If you really do want to play a recovery, buy one of the sector ETFs instead. That way, a bank could still fail, but the sector would survive.
Disclaimer: I am deep in June 2025 $KRE leaps at $35 strike.
[deleted] t1_jebgtkj wrote
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thus t1_je854jh wrote
Obviously. We don't know for sure until the 13Fs fly.
We can infer, however. There has been one large institution that has reportedly divested.Swedish pension fund Alecta. They sold for a $728mil loss. Nobody has followed them, from what I can see. Too bad they didn't hold out for a week.
robbinhood69 t1_je8gaml wrote
We cannot infer diddly squat, look at every other regional bank, even silvergate still shows 97% ownership
Idk if europe has different disclosure laws and thats why sweden fessed up but no one else is gonna say shit until long after they r completely our
[deleted] t1_jebghty wrote
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