Recent comments in /f/wallstreetbets

wawefisher t1_je9jglh wrote

Reply to BABA is up for long ? or no ... ? by moriasis

My opinion is clearly YES.
In terms of the chart, there may be a setback in the initial euphoria. In particular, such a GAP invites to close. : -) In the long term, BABA will double.

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Halforthechump t1_je9io6n wrote

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

My man credit Suisse was on the brink of collapse and is considered a vital cog in international banking. Contagion threat was through the roof. These regional banks had hundreds of billions of dollars under management, FRC and svb were boutique tech bro banks, not some farmers Union Bank servicing a few towns. The entire banking system is so intertwined that the ripple turns into a tsunami in days, which is exactly what happened. JPM aren't thinking ' oh boy I'm gonna get $10b in deposits if FRC collapses', they're thinking ' oh fuck this is snowballing like 2008 and we're long in far, far too many vulnerable positions to get out of it in the positive '.

The banks didn't invest anything in FRC, they deposited $30b, for a year, to stop it fucking collapsing from a cascade of deposit withdrawals.

I've said I'm long on FRC but it's purely a contrary play. This is a bank that had a major liquidity crisis because it lost shit tons of deposits.

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PussyBreath007 OP t1_je9gl3t wrote

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

The big chunguses had and have zero incentive to stop the spread of REGIONAL BANK fear. The prevailing narrative has overwhelmingly been - move your money to big banks for safety. The JPMs and BofAs would gladly take all of FRC’s clients overnight. I can’t say for certain FRC is going to recover (although I think they’re already on their way) but the big banks definitely did not invest $30B into FRC for the reason you are stating. In fact, it’s just the opposite. They see FRC is a very low risk, easy return while they inevitably recover over the next 6-12 months. You’ll see FRC skyrocket at earnings on 4/13 after it’s revealed their balance sheet is fine… my two cents

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