jrf30
2 years ago
And yet we did NOT hit $3 per share, as you pretty much assured us it was going to do this week. Off by a factor of .... 1000%. Wow. Biggest misstep I've seen in a while.
LOsing my shares today at $35 on covered calls. But bought as low as $19, and most at $24, so I'm okay. And I'll wait for the next panic to drop it, if it does, and buy again then.
Also selling some puts today, for WAL and MCB. Way out of the money, for 1 week out. Should be easy money, and if it is not then I'll own at a way lower price again. Either way, I like the results. And just in 1 week.
tw0122
2 years ago
Zero percent chance that the SEC does anything about illegal activity nor will they ever. Big money rules! Gary Gensler head of SEC is a Goldman Sachs alumni and guess how Goldman Sachs makes most of its revenue…
@PatrickByrne
At the core of the business model of Goldman Sachs is a crime. It creates 75% of their prime brokerage revenue by illegal naked shorting. And every several years, when they get caught, they pay a tiny parking ticket.
Goldman was just fined $3 million for "mistakenly" marking short sales as longs
It allowed the firm to short millions of shares while short sale circuit breakers were in effect, over a period of 3 years(3 whole years!!)
So Goldman breaks the rules, profits, and then FINRA… Show more
https://twitter.com/PatrickByrne/status/1643597917851115521?s=20
The Streets vs Wall Street. So much easier to commit crime with stocks as there are no penalties and no repercussions from non enforcing agencies SEC or FINRA. Crime pays on Wall Street.
Prior to his public service, Gensler worked at Goldman Sachs, where he became a partner i
MiamiGent
2 years ago
WAL Bloomberg: Western Alliance Says ‘No Truth’ to Report of Deal Talks
by Max Reyes and Steve Dickson
https://stockcharts.com/h-sc/ui?s=WAL
Thu, May 4, 2023 The Financial Times reported Thursday that the Phoenix-based company has hired advisers to explore its options, citing two people familiar with the matter, adding that the bank’s deliberations were at an early stage and might not come to anything.
In a statement later in the morning, Western Alliance said it’s not exploring a sale nor has it hired an adviser to explore strategic options. The story “is categorically false in all respects. There is not a single element of the article that is true,” Western Alliance said, adding that it’s “considering all of our legal options in response to the story.”