$New York Community Bancorp (NYCB.US)$ I don't get the news,...
$New York Community Bancorp (NYCB.US)$ I don't get the news, does it sound like a bargain?
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Oracle_941 : price dropped bc they screwed up and just got bailed out
10baggerbamm : if you don't know the complete terms of the billion dollars that was loaned you need to read it and comprehend it before you place your bets my understanding is that investment that secured the bank is done it's such a discount with warrants that they're already significantly profitable so you would get deluded number one number two you're in a junior position you're a common shareholder you're the last one to get paid. I would tell you and I don't know this look to see if they have a preferred stock because you're at least seen your in a liquidation as a preferred holder and typically they pay a dividend and you would cut the common dividend long before you cut preferred
7122413 : Mnuchin bought indymac back in the day and flipped it for $2 billion profit.
Cass4 : no, not really. deposit run was the hint to cash out
73854712 Oracle_941: Smh
Oracle_941 73854712: yeah, i find it interesting, that the amount of energy ppl spend trying to break it down in terms they understand when questions like this are asked. its shame there isnt a brokerage app with tons of resources and news articles that are linked to the symbols.... but i am the bad guy for abridging it a bit too much... it got the point across. stocks volatile because it was in a bad place, might be in a better place, but people will bet on celebrity deaths in vegas, so know you are gambling either way
.. F* ME RIGHT?
Ultratech 7122413: he will obviously do it again until you gets busted for pedophilia