Latest detailed news by the company:
https://finance.yahoo.com/news/york-community-bancorp-inc-announces-191100417.html
The original press release is here:
https://ir.mynycb.com/news-and-even...AY-CAPITAL-AND-REVERENCE-CAPITAL/default.aspx
The whole action was "fishy", IMO.
What was the reason for the stock suddenly to fall 42+% ? There must have been a reason, what was it?
And immediately within hours a "savior" was found.
I don't believe in coincidences...
This was like "Overtaking a Bank 101", IMO.
It very much smells like market manipulation...
About the "rescuer" Liberty Strategic Capital:
https://finance.yahoo.com/news/york-community-bancorp-inc-announces-191100417.html
The original press release is here:
https://ir.mynycb.com/news-and-even...AY-CAPITAL-AND-REVERENCE-CAPITAL/default.aspx
The whole action was "fishy", IMO.
What was the reason for the stock suddenly to fall 42+% ? There must have been a reason, what was it?
And immediately within hours a "savior" was found.
I don't believe in coincidences...

This was like "Overtaking a Bank 101", IMO.
It very much smells like market manipulation...
About the "rescuer" Liberty Strategic Capital:
Liberty Strategic Capital is a Washington, D.C.-based private equity firm focused on strategic investments in technology, financial services and fintech, and new forms of content. The firm was founded in 2021 and is led by Steven T. Mnuchin, the 77th Secretary of the Treasury. [...]
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