No special indicators here. FRBK closed by regulators on 4-26-2024. The company was founded on November 16, 1987, and is headquartered in Philadelphia, PA. This is not to be confused with the other regional bank closed last year about the same approx. time FRC- First Republic Bank which failed and subsequently bought by JP Morgan on April 26, 2023. Official...
First Republic stock plummets after revealing deposit exodus in March
The stock of First Republic FRC dropped more than 43% Tuesday after the bank surprised investors and analysts by revealing an outflow of more than $100 billion in deposits in March.
The disclosure made during the release of its first-quarter results on Monday afternoon raised new questions about...
In short money will surely be made especially that JPM has some great ideas for the future of FRBC. Otherwise they wouldn’t have bought it.
More facts to be taken into account such as the total value of Assets owned by the bank. Furthermore, the P/B Multiplier shows a superb opportunity foreshadowing +800% ROI.
This is not a financial advice.
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
First Republic bank has been slaughtered due to the banking crisis in the US. FRC is backed by JP Morgan, the strongest bank on earth. Unless the Gov't wants all regional banks to fail and roll it all up in to the big banks, FRC should survive and if it survives, it can easily double from here. Obviously the sentiment on this stock and bank stocks in general are...
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More and more banks in states collapsing because of Interest rates.
I think this year makes more banking sectors collapse.
imagine investing this bank at a peak of 221$ top
at a start of 27$ on 2011.
Now its below on its first price. 4$ below. Maybe this bank can go to zero?
- Both SPX and NASDAQ close right under resistance
- NYSE:FRC potentially get take over by government that means it would likely get delisted meaning goes to 0
- currently neutral daily trend for SPY & QQQ need to see consolidation soon. retracement size will be key here
Merely an update to my previous idea.
And well... I started this idea before the bell, and it was $3.51 at the time.
It's now $2.01 post as of typing this but that will be different already.
I think I will just post this as is, because it's moving too quickly to make any rational conclusions.
To be noted, every time $15 was broken, the market dumped it below...
Selling covered calls is a popular and relatively conservative option trading strategy. This guide will walk you through the process of selling covered calls, using a real-life example with FRC stock, to help you understand how it works and how you can profit from it.
Step 1: Buy the underlying shares
First, you need to own the underlying stock. In this...
As First Republic Bank continues to slide down the charts (still ongoing at the publishing of this idea), talks about another bank run happening is starting to resurface again. How valid is the claim that people will flee to crypto as things get worse in the banking system? (Especially with people like Balaji, that claims that Bitcoin will hit HKEX:1 ,000,000 by...
First Republic Bank's (FRC) market value plunged below HKEX:1 billion for the first time ever on Wednesday after a report said the U.S. government was unwilling to intervene in the rescue process, hammering the lender's stock.
After a brutal selloff, the bank's market capitalization was about FWB:886 million at its lowest on Wednesday, a far cry from its peak...
We have a beutifull zone of acumulation with a long range.
Yesterday we saw that any good news will pump this bank.
So now , we have a beautiful price to enter with a buy at 13.00 with take profit at 19.00 and stop loss at 11.
Remember, when nobody talks about it, that will be the time to buy.
