All the best, Charly. FRC has posted dramatic swings in the last few days (between -60% to +30% daily), it's at all-time lows and you're going to short around $150k-$300k. If you don't mind me asking, what's your plan?
@gvivanco Yeah, I am done with shorts.. FRC is a solid bank. Other banks are lending hands to help FRC because it is a solid bank. Also, if government lets FRC fail then think about consequences of all smaller banks and its impact on businesses, economy, people, and country. The goverment will never commit suicide and kill the country. Besides this, although neutral, some analyst projected FRC super nova to be in mid 50s.
All the best, Charly. FRC has posted dramatic swings in the last few days (between -60% to +30% daily), it's at all-time lows and you're going to short around $150k-$300k. If you don't mind me asking, what's your plan?
@gvivanco Yeah, I am done with shorts.. FRC is a solid bank. Other banks are lending hands to help FRC because it is a solid bank. Also, if government lets FRC fail then think about consequences of all smaller banks and its impact on businesses, economy, people, and country. The goverment will never commit suicide and kill the country. Besides this, although neutral, some analyst projected FRC super nova to be in mid 50s.
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