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/biz/ - Business & Finance

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54149446 No.54149446 [Reply] [Original]

>made 214% gains off the bank panic this week
Took 24 hours and I cashed out. Thanks for the free money, Biden.

>> No.54149474

Which bank? What strategy?

>> No.54149494
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54149494

>>54149474
FRC and WAL, they had dipped the most. Bought low on Monday morning, sold high on Tuesday morning. I missed the absolute low-points though, could've 4x'd if I got in on FRC at $7.

>> No.54149514

>>54149474
My strategy was faith in the system, that the US wasn't completely broken yet. If more banks started to fall we'd be in deep shit and my cash would be worthless anyways.

>> No.54149517

>>54149494
Nice, I bought ZION at 30.90. Definitely not bottom. I’m planning on selling covered calls against it for the next year and ride out this IV spike.

>> No.54149529

>>54149446
Yeah and I got fucked.

>> No.54149532

>>54149529
What'd you do?

>> No.54149578

>>54149446
Im buying into BAC

>> No.54150054

>>54149514
I blame SAM HYDE for the banking collapse:
https://www.youtube.com/watch?v=Lt24bCivOqM