$First Republic Bank(FRC.US)$ weird action going on. why wou...
$First Republic Bank(FRC.US)$ weird action going on. why would someone buy for 32 when the ask is at 27?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
iink : let tt person buy at 35 too lol
shawn lee director iink: Maybe he knows 50 is coming soon
pennypincherOP shawn lee director: there was a lot of orders that went through at 32. someone is trying to prop this up before market open
你泥阿嬷 : It would settle at the ask price. The thing is, all the major banks have a stake now in FRC, so they would all want it to return to the 60s after the dust has settled.
BrentATreee 你泥阿嬷: Yeah I agree with you on that. That’s why I just bought back in again. I think this one is going back up since major banks have stake in it now.
Dramericanjesus : possible option exercise before the start of trading day. May want to short a bit. Or a prop to keep theta burning.
pennypincherOP : funny how now the hedge funds hold the banking system in there hands. Can't wait to see how this plays out in the weeks ahead