USA bank stocks, one went up 80% in a day

Saw this one went up 81% on Friday (one day!), missed out. Any other fast growing banks that will erect fast? This bank very volatile. So any other banks you think get high gains? I saw lots of bank stocks fall but some should grow again?

Regional banks are casino now. As Buffett recently said fear is contagious. Fear is not a rational feeling. I would wait before investing in this sector, situation, is not yet so severe for the Fed to interact. Franky situation makes it easier to fight inflation. A bet now could be a bet against the Fed.

Give another or two more bankruptcy and lower price of KRE etf I would consider long term put or leverage ETF. PacWest can go down in few days. It just takes a bit of panic.

Picking up one bank instead whole sector, is very risky non rewarding play. You can’t predict where bank run might happen.

2 Likes

Thanks for your nice review! Maybe besides USA I will look for € banks, need study that.

Short as much bank stock as you can.

That is too risky for me!

3 Likes

This did not go up because it’s a fast growing bank. It went up because it dropped ~80% on the recent bank runs, but has partially recovered (still down ~50% from recent prices, down 80% from peak) from the panic.

There’s plenty of stocks dropping all the time that you can try to catch a bounce on. I caught a nice bounce on Google. Snap not so good. How much of a risk you willing to take. :smiley:

MP looks bottomy so I picked up some more. Still way down but hey man, blood definitely in the water now. :shark:

I took some risk, got ZION at 24, also was looking at EastWest Bank in Los Angeles

Im not doing banks right now. I’ll wait until they started printing money again.

I tried, in longer term will see. On paper bank is sound, as long no panic

What goes up must come down.

My ZION bank stock is up 12% yesterday ! Lost a lot if your short banks

Blind optimism.

I cashed out last night at 30, 20% gain in 2 weeks(NT$138,000).

People only ever tell you if they win at gambling.

2 Likes

ha, I see it as under priced stock that is a bank!

The best investment strategy: buy low sell high.

Bah. Not if you short stocks.

Buy a house and refinance every 15 years, replace the roof or appliances and whatnot, and keep it in the family. Generational wealth right there.

Generation wealth? This is so Taiwanese.