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ProfitProphet911
Mar 29, 2023 11:06 PM

PACW 90% chance the pattern resolves in ... Dive Dive Dive!  

Description

Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got 16B+guarantees for loans).
Same will go for the rest of KRE = any assets are at deep dis count.
Can't save them all (nor they would want to). Industry consolidation.
The End.
Comments
ProfitProphet911
Boom!
siliconBAY
@ProfitProphet911 Did bank file for bankcruptcy?
ProfitProphet911
@siliconBAY last four banks did not, they were/ are bring taken into conservatorship by FDIC, effectively wiping out shareholders. PACW might follow this path.
ProfitProphet911
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