First Republic Bank FRC
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Both Bulls and Bears are screwed. And JPM walks away with the cash lol.
there will be no open its permanent goose egg 0
I own a lot of jpm nothing here, but I am happy for bulls. ??Fuck shorts!
Still unsure what happens to the ones still holding Puts from Friday. One guy proudly posted his Puts that were valued at $126K on Friday at close. He expected that to double or triple at open today. Is he screwed as well? Crazy how this seems to only work in the Corporations favor on these buyouts..
Also consider whichever bidder doesn’t get it, simply loads up on cheap shares early tomorrow since they’ll know what the outcome is going to be ahead of everyone else. This is starting to sound like a GameStop scenario. Small float, shares could get scarce. Even if you have no position in it, it’s going to be interesting to watch the carnage regardless of which direction it goes in!
No announcement, stock starts running up hard, 184 million float, Shorts trying to cover, get trapped, runup like GME, stock price returns to pre-crash levels. Problem fixes itself at the expense of the hedge funds ?
Seen a guy posted he had Puts worth [$126K](/symbol/126k) on Friday and still didn’t close them out. Interesting strategy….
I’m kinda hoping they don’t allow any buying tomorrow just for the absolute chaos that would ensue ?
PM will be absolutely wild.
Watch them take away the Buy buttons again ??
