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Flowbe209
Favorite team: | Tennessee ![]() |
Location: | |
Biography: | |
Interests: | |
Occupation: | |
Number of Posts: | 144 |
Registered on: | 12/27/2015 |
Online Status: | Not Online |
Recent Posts
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re: 2024 bank failure predictions
Posted by Flowbe209 on 12/31/24 at 4:36 pm
Hand up, I was wrong. That’s on me. Truth be told, I am glad that Truist did not fail and still employs many people. Happy new year!
re: DISCLAIMER* - AppleTV+ Discussion (spoilers)
Posted by Flowbe209 on 11/9/24 at 3:02 pm
That ending was absolute garbage. But…young Catherine is fine as frog hair and I hope to see more of her work in the future.
re: Diving deeper on Standard Lithium?
Posted by Flowbe209 on 10/28/24 at 6:45 am
Koch Inks First Lithium Deal Backed by Recovery-Rate Promise
re: 2024 bank failure predictions
Posted by Flowbe209 on 2/10/24 at 4:59 am
quote:
When is truist going to go bellyup because of that piper?
This is a prediction thread, not a crystal ball thread. It’s fine to disagree with a prediction. Why are so many sensitive about Truist? It’s a stock just like 100s of others that get discussed on this board.
re: Diversification, philanthropy, and other things cost Bill Gates $1.2T in wealth
Posted by Flowbe209 on 2/5/24 at 11:46 am
The argument can be made that MSFT would not have the market value is has today if Gates or any other single individual held a 45% stake. There would be a discount due to it being closely held. Bill is probably ok with giving up the stock for the reasons you mentioned such as diversification, philanthropy; and most important, liquidity. I imagine his post IPO life has been exactly the same with a net worth in the billions as it would have been with a net worth in the trillions.
re: 2024 bank failure predictions
Posted by Flowbe209 on 1/31/24 at 1:38 pm
I’m long KRE and continue to buy monthly. Today’s FOMC statement omits the prior sentence that “The US banking system is sound and resilient.”
re: 2024 bank failure predictions
Posted by Flowbe209 on 1/31/24 at 12:19 pm
NY Community Bank had a terrible earnings report. At first glance, it appears to be a kitchen sink quarter to set the stage for 2024, rather than a troubled bank concern.
re: 2024 bank failure predictions
Posted by Flowbe209 on 1/26/24 at 11:24 am
The entire industry is competing for liquidity. It’s not coming from deposit growth so it has to come from somewhere. In addition to the planned insurance company sale, Truist shut down fixed income sale & trading in 2023. It was a profitable business for them so the reasons why remain unclear other than the ambiguity of “strategy review and alignment.”
re: 2024 bank failure predictions
Posted by Flowbe209 on 1/26/24 at 5:20 am
FRCB and SBNY both paid a dividend 12 months ago. Where are they today?
re: 2024 bank failure predictions
Posted by Flowbe209 on 1/25/24 at 8:41 pm
Their CRE time bomb is ticking and they have been in expense cutting mode for a while. Shut down entire lines of business. But it hasn’t been enough and eventually you have to pay the piper.
2024 bank failure predictions
Posted by Flowbe209 on 1/25/24 at 11:31 am
12 months ago the failures of Silicon Valley Bank, First Republic Bank and others were not on anyone’s radar. Let’s use this thread to discuss potential failures this year and how to profit. I’ll start by calling for the downfall of Truist. US Bank will cherry pick the assets and branches in an FDIC assisted deal and greatly expand their footprint in the south. Do not post material non-public information in this thread.
Disclosure: I own KRE.
Disclosure: I own KRE.
re: Diving deeper on Standard Lithium?
Posted by Flowbe209 on 1/6/24 at 7:43 am
No they do not. If they accept an offer there will be a background section in the disclosures that discusses other potential offers in vague, general terms. If they reject an offer the attempted acquirer can go public in what is known as a hostile takeover.
re: tundra question clunking sound
Posted by Flowbe209 on 12/13/23 at 4:15 pm
I have a 2005 4Runner with almost 200,000 miles that does something very similar. It has done so since I bought it used in 2007 and never been an issue.
re: Two Louisiana Credit Unions propose $1 billion merger
Posted by Flowbe209 on 12/13/23 at 11:33 am
Taxing credit unions wouldn’t be a drop in the bucket to state or federal receipts. It would just give the bank lobby one less thing to use to deflect from their own issues. I agree that Navy, PenFed, etc are very much a bank; other than the ownership structure.
re: Must have Thanksgiving side dishes
Posted by Flowbe209 on 11/22/23 at 9:37 am
Turkey sucks, so ham is my must have. Hash brown casserole for the must have side.
re: Computer Printers are a Scam
Posted by Flowbe209 on 11/16/23 at 11:26 am
quote:
Who mastered this scam first? Printers and their proprietary ink or Keurig and their proprietary pods?
The Gillette Mach 3 profit margins would like a word.
re: Computer Printers are a Scam
Posted by Flowbe209 on 11/16/23 at 11:06 am
OT Ballers have our secretary call the CTO and the IT nerd shows up 2 minutes later to change out the ink.
re: Brittany Spaniel Breeder Recommendations?
Posted by Flowbe209 on 10/5/23 at 4:45 pm
Mine turns 9 this month. Santa delivered him to my house for Christmas 2014. If you don’t want to ask Santa for one, you may want to take a look at Bon Aqua Brittanys in Bon Aqua, TN. It’s a little bit west of Nashville. It was a one man operation and I have no idea if he is still in business. The dog came AKC registered and is amazing family pet. I don’t hunt but the breeder did.
re: Is there a way to wake up not feeling groggy?
Posted by Flowbe209 on 9/9/23 at 7:31 am
CPAP machine, as long as you’re ok with the OT calling you a fatty.
re: What is the OT’s Mt Rushmore of hate?
Posted by Flowbe209 on 9/6/23 at 8:15 pm
Riverside Towing
El Cid
Realtors
Travel Ball
El Cid
Realtors
Travel Ball
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