NYCB opportunities :-)

The major downtrend started 20 years ago.
The recent downtrend started half a year ago.
Some bad news on 31 Jan 2024?

It should reach zero easily.

I hope those good NYCB employees have already found good opportunities elsewhere.


Let the OP seize the NYCB opportunities.


Before you work for an Incorporated, you'd better check its stock price.
 
When NYCB temporarily fell 42+% (and later even 47+%), I bet many traders got margin calls
and their NYCB positions have been auto-liquidated with a very big loss, due to the margin call.
But not so for traders with CashAcct, like me :D. CashAcct is King! :)

The whole smells like a big action against short sellers.
These short sellers better should do it using a CashAcct, b/c positions in a CashAcct cannot be liquidated by the broker... :)
 
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When NYCB hit $6 I bought the April 7 calls & the April 5 puts. I sold most of my 5 puts and bought some more 7 calls. Maybe I can money both ways. I still believe it will eventually be swallowed by one of the majors.
 
nitrene said:
When NYCB hit $6 I bought the April 7 calls & the April 5 puts. I sold most of my 5 puts and bought some more 7 calls. Maybe I can money both ways. I still believe it will eventually be swallowed by one of the majors.
More...

It will at zero.
 
Keep bailing out the banks....
Amazing the risk they take with our tax dollars and yet in the end always get a free pass. ...
 
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