lol, i sent them a proposal not 2 months ago
Not expecting to close that one
Not expecting to close that one
REMINDER: THE ARENA PLATFORM, INC. has no obligation to monitor the Forums. However, THE ARENA PLATFORM, INC. reserves the right to review any materials submitted to or posted on the Forums, and remove, delete, redact or otherwise modify such materials, in its sole discretion and for any reason whatsoever, at any time and from time to time, without notice or further obligation to you. THE ARENA PLATFORM, INC. has no obligation to display or post any materials provided by you. THE ARENA PLATFORM, INC. reserves the right to disclose, at any time and from time to time, any information or materials that we deem necessary or appropriate to satisfy any applicable law, regulation, contract obligation, legal or dispute process or government request. Click on the following hyperlinks to further read the applicable Privacy Policy and Terms of Use.
How’s the stock market?
- Thread starter lagunaboy
- Start date
Yep. Wish I could short these regional banks, but every time I check, stocks are listed as HTB (hard to borrow).i hate this kind of thing coz i have some money tied up in a very successful local regional bank....but it seems like every time one of these regional banks sneezes, every other regional bank in the country gets a cold.
NYCB....at $1.86 (last traded price I can see), one could gamble on it and justify the reasoning as a type of options purchase that doesn't expire (might go to zero too and then just like with unexercised options, you are s.o.o.l.).
And Steve Mnuchin (former Sec of Treasury under Pres Trump) is getting appointed to the board? He had connections with Saudi moolah, wonder if he still does?
PS
Is this fall similar to Silicon Valley Bank's fall?
PPS Ten minutes later, back open at $3.25 and change. Short covering bump or behind closed doors cash infusion bump?
And Steve Mnuchin (former Sec of Treasury under Pres Trump) is getting appointed to the board? He had connections with Saudi moolah, wonder if he still does?
PS
Is this fall similar to Silicon Valley Bank's fall?
PPS Ten minutes later, back open at $3.25 and change. Short covering bump or behind closed doors cash infusion bump?
Last edited:
NYCB shares rebound after troubled regional bank announces $1 billion capital raise
The regional bank stock has been under pressure this year after disclosing potential losses in its loan book.
www.cnbc.com
Yeah, bought most of my shares under $400 and keep buying more. I'm a little more diversified nowadays. Up 4.4% YTD, so pretty happy with my gains. VOO is 60% of my holdings, most everything else is 4-6% with no particular rhyme or reason.
I hold:
Vanguard S&P 500
Vanguard FTSE Developed Markets
Vanguard FTSE Europe
Vanguard Total Stock Market
Vanguard Growth
Main Street Capital
Down Jones US Home Construction
Applied Materials
Costco
VanEck Semiconductor ETF
indie semiconductor (this is the only loser in my portfolio atm)
Basically, I'm long the US economy and the picks and shovels for AI/tech. Not looking to directly invest in "services" companies like Palantir, Facebook, Google, banks etc, I like places that build real physical things.
I hold:
Vanguard S&P 500
Vanguard FTSE Developed Markets
Vanguard FTSE Europe
Vanguard Total Stock Market
Vanguard Growth
Main Street Capital
Down Jones US Home Construction
Applied Materials
Costco
VanEck Semiconductor ETF
indie semiconductor (this is the only loser in my portfolio atm)
Basically, I'm long the US economy and the picks and shovels for AI/tech. Not looking to directly invest in "services" companies like Palantir, Facebook, Google, banks etc, I like places that build real physical things.
Last edited:
i feel that. a couple years ago, i felt i was a little heavy in the Shiny Things sectors and light in the sectors that actually make and do things....so i ran out and bought CAT, WM, GT, Garmin, and a few others. no regrets, have done well on most of it (except Goodyear, so far). a little diversification and balance are good things to have
My emergency stash. Lawyers guns and money time hits and good luck getting cash from the stokes.
Construction isn’t just homebuilding. Commercial/office is dead. New homes are selling great almost everywhere.Pretty sure CCKeith and I live in the same county. I agree with the above on a macro level but there is a lot of cashed up people whose houses need work plus new developments, so I figured it would be a bit safer for the labor pool hereGuess not.
On that note, today the tile guy who did work on my bathroom get back to me to finish the work we discussed. Also had 2 subcontractors for my investment home in the southeast call today, both of which I have never worked with, looking to see if I needed any work done.
Seems that work is drying up, which means that it’s actually a good time to get those projects done that you’ve wanted to do for while
NVDA nearing $1k
Incredible year to see NVDA, SMCI, MSTR eclipsing the 1k mark.
Incredible year to see NVDA, SMCI, MSTR eclipsing the 1k mark.
There's maybe a larger story here. NYCB also took over Signature Bank which had gone under. Signature was started by my son's high school friend's father and was generally regarded as a good bank. My son interned there during college and sat in on some investor calls. They did a lot of NYC taxi medallion loans, specializing in that area and helping immigrants willing to borrow from relatives and to practically live in a cab to get a bank loan to buy a medallion. The City Of NY was also glad to sell new medallions for 1 Million dollars each at the peak. Then the city let the rideshare companies in which collapsed the medallion price system that the city had created, resulting in at least two medallion owner suicides. Signature Bank took a lot of losses in that area which may have caused them to take on greater risk with the Crypto deposits which ultimately killed the bank.NYCB shares rebound after troubled regional bank announces $1 billion capital raise
The regional bank stock has been under pressure this year after disclosing potential losses in its loan book.
View attachment 174533
It is interesting that the city started the medallion system at a cost of $5 each around the time of the great depression because everyone with a car was operating a cab and none of them were making any money at it. The city hoped that by limiting the number of cabs that the cabbies would be able to make a decent living. Its amazing how things distort over time.
There's a massive housing shortage in pretty much every major city. Demand will keep driving construction.
My old supervisor bought in to CSCO in the late '90s. It appreciated 10X by the peak of the dot com boom. He contemplated selling but didn't because he didn't want to pay the cap gains. Ride that sucker all the way down. He eventually sold and doubled his money but learned a fat lesson, and CSCO is still in business, making money.
NVDA will surely give a lot of people a scary ride down, lessons will be learned, and they will still be in business in 20 years, making money.