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re: NYCB up 30% - buying the failed Signature bank

Posted on 3/20/23 at 11:13 am to
Posted by GREENHEAD22
Member since Nov 2009
19580 posts
Posted on 3/20/23 at 11:13 am to
So hold or sell? I am torn.
Posted by skewbs
Member since Apr 2008
2000 posts
Posted on 3/20/23 at 11:24 am to
quote:

So hold or sell? I am torn.


I'm still monitoring after I sold. My cost was $6.37/share (I bought several times last week) and when it popped in pre-market to basically $9/share I could not pass that up.

I like the stock even at these levels. If it drops into the $7's again I will re-initiate a position. If it stays near $9 or rises, then I'm fine taking my gain and moving on.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70795 posts
Posted on 3/20/23 at 2:08 pm to
Wish I'd hit this one harder.
Posted by GREENHEAD22
Member since Nov 2009
19580 posts
Posted on 3/20/23 at 3:06 pm to
Same
Posted by 632627
LA
Member since Dec 2011
12714 posts
Posted on 1/31/24 at 8:40 am to
What the frick just happened
Posted by ApexHunterNetcode
Member since Aug 2023
260 posts
Posted on 1/31/24 at 8:44 am to
Earnings and dividend cut. Glad I sold after the pop last year, ouch
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