pump, retrace, continuation to the upside?? Long

First Republic Bank (San Francisco, California)OTC

Description

⋅ Jun 16, 2023 8:01 AM

anyone has any idea what will happen with OTC:FRCB?
in my opinion they are pushing everybody to sell than it will explode in short term, people will FOMO in and MM will take a lot of $$
what do y'all think will happen?
posting this because absolutely no one is talking about frcb anymore

Trend Analysis

Comments

rijetkovicivica

⋅ Jun 16, 2023 8:16 PM

i bought at .1738 and I'm proud of myself haha

jukatan1

⋅ Jun 16, 2023 10:15 PM

@rijetkovicivica, me 4,16......lets see.......:-)

Jukatanway

⋅ Jun 16, 2023 7:59 PM

50% up today🙌😆

bozatheclown

⋅ Jun 28, 2023 3:34 PM

It's creeping up little by little. :)

rijetkovicivica

⋅ Jun 28, 2023 3:36 PM

@bozatheclown so happy i decided to listen to my guts instead of everybody else's opinions

bozatheclown

⋅ Jun 28, 2023 3:46 PM

@rijetkovicivica, it is risky, but no risk it; no biscuit

jukatan1

⋅ Jun 28, 2023 4:15 PM

@bozatheclown, yes....70% up today.:-) crazy days with banks......

jukatan1

⋅ Jun 28, 2023 4:16 PM

@rijetkovicivica, best way....;-)

RogueKoiFish

⋅ Jul 3, 2023 11:24 PM

I bought for an average of $0.25 a share so happy so far. Plan on holding for the long term. Don't think JP Morgan would buy something this large to let it fail. If I read correctly the FDIC is covering 80% of the liabilities. If that is true then JP Morgan got a lot of free money just buying this bank. Of course I'm a beginning investor and could have missed something critical.

LD55

⋅ Jun 28, 2023 8:51 PM

So what actually is FRCB actually? Do they even have any assets on their books still?
My understanding is their assets were seized under FDIC and then sold to JPMorgan.
If so then what does this stock actually represent then since what is financially left of the actual bank is now owned by Chase and has nothing to do with FRCB?
Anyways just trying to get a straight answer on this and what FRCB actually is post bankruptcy