robbinhood69

robbinhood69 t1_jecj7sd wrote

Reply to comment by AvalieV in First Republic Bank won’t fail, great value. by [deleted]

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')

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robbinhood69 t1_je8io0x wrote

Reply to comment by Simkinn1 in Subprime is back on the menu boys! by megaultraman

Yah it doesnt rly make sense, u cant attract deposits by loaning money out

Altho i agree with OP’s general assessment that most of these banks r basically bankrupt, FED and GSIB’s just duct taped everything together to kick the can down the road but everyones got a gun to each others head and knows where the toxic assets r

To Fair Market Value (FMV) = 0 we go

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robbinhood69 t1_je8gaml wrote

Reply to comment by thus in $FRC - Puzzle Pieces by PussyBreath007

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

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robbinhood69 t1_je7tkg9 wrote

Reply to Footlocker - what’s the play? by immortalis88

FL a weird one, they have buyback authorized for like 30% of shares outstanding but they don’t actually have nearly that much cash on 👋

Cramer just turned bullish on them today so naturally i bought puts, im assuming some bad news is imminent. I will cover on the bad news tho, there is a very real floor to this not far below these prices (maybe 30 to 50%)

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robbinhood69 t1_je7obv3 wrote

Reply to $FRC - Puzzle Pieces by PussyBreath007

all the big banks had deposits grow as FRC depositors fled

those same big banks, deposited the same money back at FRC, presumably for interest

if the same big banks would have refused, FRC would have collapsed and thru FDIC those big banks would have had to repay the depositors anyways

this is a freaking shell game OP and you are falling hook, line, and sinker for it. Also, the deposits are only agreed upon for 120 days. Tick tock, u still have time to exit this position before u get 0'd bro

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robbinhood69 t1_jdgenpa wrote

Reply to comment by tradingmuffins in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

I feel like march 2020 taught people the wrong lessons since almost nothing went to 0 altho it felt like that’s where we were headed, after 3 weeks of bear we had 3% rallies forever everything was so bullish, hell back then even declaring bankruptcy was bullish (Hertz up 800% on the good news)

Ppl we are only -4% off local highs and jerome just told us his printer will likely stay off during our descent

Buy fucking puts jfc

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robbinhood69 t1_j9lyvzc wrote

Reply to Outcome of FOMC MINUTES by NoodleMonsterr

Burryish

We will limit down soon

In alls eriousness minutes dont matter diddly squat, market waits for these things to make its move but these shits dont matter its nothing we havent heard

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robbinhood69 t1_j9c10g3 wrote

Reply to Any Bear agrees?... by jeanpaultru

everyone is looking at that and sees bull flag

this will play out like all the H&S that everyone sees at the same time play out

(it won't)

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robbinhood69 t1_j27p0p9 wrote

Reply to comment by BallsOutNinja in Thoughts on Buying Puts for Home Construction companies by Realistic_Weight_703

fwiw LEN is diff demo lower cost housing, TOL average sale is 1mil, i'm bullish TOL KBH BLDR LPX BXC PGTI

i know i'm moving goalposts here a bit but i've said this in other comments, higher end homebuilder r diff

Homebuilder that are localized like the shit ackmans in that serves phoenix vegas texas is fucked

lower end possibly fucked idk i haven't really looked into it

EDIT : lower end of econ is getting fucked in a much diff way than higher end rn blah blah i know i'm shifting goalposts a bit here

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