BK

Direct-Duty7418

Technicals don’t mean shit when a company is in BK. Bro, go buy a mutual fund and save ur money.

DadaPope

McD with one BK onion ring hidden inside

zulubus

But look at BK at the top spot

CABSMeter

Ok sure.. you deposit funds like everyone else. The bank being a fiduciary institution “loans” YOUR $ along with everyone else’s BACK to you. So that “paper” you said doesn’t come from your bank account DOES!! Ever heard the term “robbing Peter to pay Paul”? THAT is how banks work, ALL fiduciary institutions do! Same thing with your mortgage or someone else’s. They’re using your money! Your $ is being “lent” out to someone else and they’re being taxed on it just like you again if you have a mortgage. NOW on ALL that $ you paid taxes on right? YES. Redundancy - Now you or anyone takes a loan, CC, mortgage etc. funded by said bank will AGAIN pay taxes on it!! Why do you think SVB and several other banks almost went under!?! They “over-extended” the funds available - “coming in” vs those “lent out”. So the FDIC was put into place to ensure an individual up to $250k IF a bank goes BK. If that was to happen our financial institutions would collapse. BUT off subject that FDIC most don’t realize, is “per person” so joint accounts you’re protected to $500k BUT if you have over too bad. Back on subject when this happens like it just did to SVB they sell your “paper” (loans, CC’s etc.) for Pennie’s on the dollar to OTHER fiduciaries to avoid BK or Uncle Sugar steps in and balances the books lending them YOUR tax $. GREAT example was “Big Yellow” they were the largest trucking, warehouse and freight train Co (the only actually) was about and did go under. Their SP dropped to Pennie’s!! So US stepped in and assigned an entire new management that included federal employees. Look it up. Had they shut down our ENTIRE distribution across the USA would have collapsed!! It’s the same for our fiduciary system. It will be a “domino effect”. Hence US can’t let that happen. In turn what happens. Rates drop in some areas and increase in others which upon if you use any you WILL pay taxes on AGAIN! Don’t you get taxed at the grocery store? At the gas pump? Why? You already paid your taxes upon receiving your paycheck! It’s a cycle. Yes a tad off subject but trying to explain it in a way you can comprehend. You are taxed upon receiving your paycheck, getting a loan, mortgage & CC (referred to as “APR”. But APR is just a portion of fed tax AND revenue for the bank floating that paper. And ALL of this is common sense when you think about it OR go to grad school OR take any financial or economic class. It’s basic info.!!

dirtyshits

If you are eating at BK that probably means the recession is in full force.

Cheddabeze

That's anecdotal, my BK pumps shit out

Potato_Donkey_1

This is a different situation, and I don't know what happens to Robinhood shares if a company delists. When I was a young investor, I rode a couple of bankruptcies into the ground, where they traded for a percentage or two of their recent value on the OTC before zeroing out. It took about a year for the symbol to vanish from my brokerage account. Similarly, I owned some ETF shares, RSXJ, holding assets in Russia. The fund sold what they were able to and dissolved. They paid a less-than-pennies-on-the-dollar final settlement. RSXJ doesn't exist any longer, but it still shows in my brokerage account among the things that I still own, along with a notation that the fund was delisted. It's possible, OP, that the terms of the BK zeroed out your shares. If so, you should see a record of this somewhere in your Robinhood statements. It's not likely that you still own the shares after a BK. The continuous historical price of the stock is probably an error. But in your case, I'd want to know for sure. Search your account for the last time it showed that you owned any shares, and search transactions for any sign of a settlement made for those shares. Please come back and tell us what you find!

kobe2348

I choose to push forward. I get the sunk cost fallacy and all that but either $gme $bbby and $amc all go bankrupt and I literally lose it all. Or I continue putting every dime I have into these companies. I know that sounds foolish and tbh I feel foolish. Not because of investing in these plays but because of how I did for so long. Buying OTM short term calls. That’s the only mistake I feel I’ve made. I should have held shares from day 1. Or deep ITM calls. Today I moved thousands into .50 $bbby calls for Jan 25. Am working on moving everything else to deep ITM 25’s as well. I’m riding it out until these companies go BK and if all three do then I’ll gracefully give the hedgies a tip of my cap and move on with my life. But until then all I know is to continue to DCA and build my position brick by brick. There’s simply no other way.

LiabilityFree

Cough cough…BNY Mellon (BK) has over 13b I realize losses for a 36b bank on only 150b out of their 450b assets which has an average return of 2.25%. Cough cough…

CaliforniaBlueJay420

And a friendly reminder that FRC is 8th on the list of banks with highest uninsured deposits in US: 1. BNY Mellon, [$BK](https://twitter.com/search?q=%24BK&src=cashtag_click): 97% 2. SVB, [$SIVB](https://twitter.com/search?q=%24SIVB&src=cashtag_click): 94% 3. State Street, [$STT](https://twitter.com/search?q=%24STT&src=cashtag_click): 91% 4. Signature, [$SBNY](https://twitter.com/search?q=%24SBNY&src=cashtag_click): 90% 5. Northern Trust, [$NTRS](https://twitter.com/search?q=%24NTRS&src=cashtag_click): 83% 6. Citigroup, [$C](https://twitter.com/search?q=%24C&src=cashtag_click): 77% 7. HSBC Holdings, [$HSBA](https://twitter.com/search?q=%24HSBA&src=cashtag_click): 73% 8. **First Republic** Bank, [$FRC](https://twitter.com/search?q=%24FRC&src=cashtag_click): 68%

BossBackground104

Real problem is billionaires owning billions of dollars worth of public companies can crash anything when they dump shares. Tesla when Elon bought Twitter. Amazon when Bezos dumped shares. BK, BOA when Buffet dumped shares. Institutions can't dump all those shares at once. Even if they have to file with the SEC, it moves markets.

NGG34777

BK is next

gridflash

**Uninsured Deposits by Bank:** 1. BNY  Mellon, $BK: 97% 2. SVB, $SIVB: 94% 3. State Street, $STT: 91% 4. Signature, $SBNY: 90% 5. Northern Trust, $NTRS: 83% 6. Citigroup, $C: 77% 7. HSBC Holdings, $HSBA: 73% 8. First Republic Bank, $FRC: 68% 9. East West Bancorp, $EWBC: 66% 10. Comerica, $CMA: 63% **There are now a total of $8 trillion in uninsured deposits in the U.S.**

TheOtherPete

A companies stock price will reflect its fair value over the long-term, short-term a lot of other things can affect it. That being said there is literally no good news with respect to BBBY, they barely escaped filing for BK by accepting unfavorable terms from a lender known for death spiral investing. Please list why you think this company has good prospects for a turn-around versus filing for BK later on when this current cash infusion ends. Also keep in mind that due to the dilution the stock price has to decline to keep the market capitalization unchanged, e.g.300M shares at 0.85 is the same as a stock price of $2.50 pre-Hudson Bay (e.g. 100M shares) As the HBC dilution continues the share price will continue to decline as the pie is cut into smaller and smaller pieces.

Necessary_Scarcity92

I've read them. I've also done a few DCFs projecting cash flows assuming store closures, a sales channel shift to e-commerce, and restructuring costs under different scenarios. Looked at non- e-commerce sales and non-depreciation sga on a store to store basis. If management can execute the plan they -very loosely- outlined in their latest filing, there's potential here. Some of the assumptions in a few scenarios I ran were more bearish than the average prevailing estimates by analysts. That makes it really freaking tight, but still possible. I'd say the most likely scenario is BK, but I'd also say if BK doesn't happen AND the company gets a year's runway, fully diluted, and turns around to the margins they've referenced in filings, the company could be valued at $2-3 per share pretty easily.

Notthenorm1023

Newbie smell here, what about PROG, MULN, BBIG this doing a RS...then going BK, don't tell me sh,t about hudson bay

BeWaryOfCrab

He is full of excrement and has been banned from every bbby sub possible for good reason, his "DD" consists entirely of cringy gifs and his life story, he copy pastes some random filings taken out of context and calls it a day. Typical GME elitists talking crap about the other Meme stocks to feel better about his "investment" . As we can see in the comment section here there is a lot of insecure people in this sub who just like to join the BBBY bashing. Seems to be the easy target right now. Reminds me of the early GME days 2019/20 when BK also was "imminent".

MRRutherford

Just curious why you think UBS might go BK?

holidayinthesum

They've been on suicide watch since 2007. Stock literally peaked 15 years ago. This is barely news. Anyone holding CS has a position already lost 90% before this BK

Mcdolnalds

I fucking hate interns. My teams chat has this posted from 11:30 PM last night. “WHOPPER 🍔 WHOPPER 🍔 WHOPPER 🍔 WHOPPER 🍔 JUNIOR 🤏 DOUBLE 2️⃣ TRIPLE 3️⃣ WHOPPER 🍔 IMPOSSIBLE 🤯 OR 🤔 BACON 🥓 WHOPPER 🍔 I 👁️ RULE 👑 THIS 😎 DAY 🌞 AT BK 🧑‍🍳 HAVE IT YOUR WAY 🤷‍♂️ YOU RULE 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥”

CorndogFiddlesticks

I would look at any of the banks who lent to Republic to keep it afloat [https://www.cnbc.com/2023/03/16/group-of-financial-institutions-in-talks-to-deposit-about-20-billion-in-first-republic-sources-say.html](https://www.cnn.com/2023/03/16/investing/first-republic-bank/index.html#:~:text=The%20major%20banks%20include%20JPMorgan,a%20tumultuous%20moment%20for%20lenders) List: * JPMorgan Chase (JPM) * Bank of America (BAC) * Wells Fargo (WF) * Citigroup (C) * Truist (TFC) * Goldman Sachs (GS) * Morgan Stanley (MS) * PNC (PNC) * U S Bankcorp (USB) * State Street (STT) * Bank of New York Mellon (BK) I own GS and USB, and am accumulating them right now. I personally won't ever own WF. Many people here like JPM and that's an easy bet.

1_man_wolf_pack_83

Dude, the company was literally 2 hours away from chapter 11. Shill didn't see that death spiral financing coming because this kind of financing is reserved to very small cap shit company that have no other way to finance. This financing is just delaying BK for a few months. This shit will go tits up before Xmas. Mark my words.

holycarrots

BK is not even in doubt

letsdothis169

My purchased shares don't have an expiration date like Options unless BK. Pretty sure the BK is officially off the table for a while at least. Only thing that I've come to terms with is that this is a bear trap. That's the sword I'm willing to die on. Holding till squeeze.

Single_Afternoon_386

Unlimited loans. Let me go BK and party it up

SantaMonsanto

Have you heard the gospel of our lord and savior Payless Shoe Source? My portfolio is absolutely drenched in $PSS. If you loved the nostalgia of GameStop wait until you read the bull case for $PSS. We’re bringing back BK RatchTek

Adorable_Honey_8648

what did you expect? company decided to null equity via BK

BenniBoom707

Yes, you did. However anyone could have done some basic research to find out that answer, since it was all in the filing for the Hudson deal. No disrespect, but that’s like going to the Beach and screaming at everyone “There’s Sand Here!”. Then being like, “See I told everyone there was Sand here.” All they had to do was look, and they would have seen sand for themselves…. Also you claim about the Squeeze being dead now, yet when AMC diluted the Shit out of their stock, it Squeezed from $8 to $72 shortly thereafter. There is no proof that a Dilution does kill a Squeeze, but I agree it doesn’t help. Until we see those FTD & CTB numbers drop drastically, we cannot confirm anything yet. If an M&A or Buyout is in the works, then dilution is irrelevant. If they already agreed to a Buyout price then, it doesn’t matter what the ticker says now, the price is already agreed upon. When they Reverse Split 9 to 1, that puts us right back at the circulation amount prior to Full Dilution. The only difference is now the company is flush with Cash and possibility of a BK has been pushed back a few years. Sure, as a Shareholder this hurts Now, but if you weren’t trying to sell Today, then why should that matter? I’m holding because I strongly believe an M&A is in the works. Could I be wrong? Yes. But the damage has been done, selling Now is absolutely insane. I would much rather Bag Hold long term with the possibility of a Pay Day than Realize those Losses and run away with my tail between my legs. That’s just me though, and my risk tolerance is Very High. Not everyone has the stomach for these type of plays.

AndrewBissell

Not defending the brokers here, but this really is an pretty unprecedented situation. The only close equivalent I've seen is Longfin which didn't have anywhere close to this level of retail put holders. I held puts on Lehman when it went BK and it was trading on the pink sheets by Thursday that week. The trading halt being extended through the entire week is ridiculous and gave the brokers all the air cover they needed to pull these tricks and pretend it would be SUPER SUPER RISKY for their account holders to exercise.

AndrewBissell

The idea that anyone outright long an option contract for more than the amount of underlying they hold can be categorized as a "pure speculator" (by which I assume you mean purely speculating on downside, since even a covered call or put position is by definition speculative) is false. For example, one trading thesis with $SBNY might have been "it is probably fine and oversold, but there some small risk of a sudden forced BK." To express this thesis, one might have purchased SBNY stock, paired with a large number of very far OTM puts for *more* than the number of shares in the long holding.

Ok_Performance1375

Their latest investor said it’s worth it unless shares drop below $0.7X something. I don’t remember exactly but it sounded like really bad news for them like they might run out of money if that happens. Which could lead to BK or something. Just personally I wouldn’t touch it anymore. Wish I remembered more details from the article

1_man_wolf_pack_83

Stock can always go down 100%. And this is where bobby is heading. BK before Xmas.

Standard-Letter1130

Accurate. I’m at the point where unless it squeezes, I’ll sit and wait with the shares long term, I just can’t see a world where with how BBBY is optimizing relentlessly on the backend, that they fail to get to $5 in the next 2-3 years. BK is off the table so I’ll just sit and wait. I will however not be buying anymore shares, cost basis is at $2 and I’m just waiting for the long haul to turn $2 to (hopefully) $5 in 2-3 years otherwise.

Boss1010

I’m not operating with any certainty. The only case I’m betting on is that BK is not imminent with the massive cash infusion they received this past week. It’s undoubtable that the Fed and big banks are trying to keep it afloat.

CooperHouseDeals

Can the BK lawyer claw back the CEOs $84 million sold stock just before the crash?

olb3

Again, you’re arguing with the market, which is telling you that your thesis that “FRC going BK is off the table” is not sound. Feel free to speculate to your hearts content. I just hope you’re doing so with money you can afford to lose.

olb3

Could be buying the stock and buying puts, but it would be a pretty stupid strategy since FRC could drag along and go BK end of month and their puts end up worthless. I’m going to assume that asset managers aren’t that stupid. If you don’t follow unusual option flows at all, you’re excluding a pretty strong market signal. Yes the flows can be misleading at times, but it’s right more often than not.

roliedoz

That escalated quickly. And well out of no where, yet SHF bought MM has been yelling BBBY going BK for months. 🤔

gg_all_in

BK goalpost didn't get moved. BBBY was going bankrupt and pulled off some last minute financing. The results of which have knocked the stock price down 85% in 6 weeks. It's not some ideological thing, it's just facts. The gist of it was absolutely right, which is why shorts are making piles of money and longs pre-Hudson bay deal need a 500% gain JUST TO GET BACK TO EVEN. It's over. You guys lost.

ninkorn

u/LuluButter5 was eating BK the other day He's cheating on you bruh

RITE-AID-IS-RAD

BK any day now. Bed, bankrupt and beyond

Louisvanderwright

I'm a developer in Chicago and can tell you First Republic Bank lends to the riskiest BRRRRos out there with terms no other bank will offer. FRB is going to fail and it's partially because they lent to a bunch of Bigger Pockets novices reliant on constant easy money to drive their business model. Commercial real estate loans are going to BK this bank.

venti_cocaine_latte

That’s refined executive speak…I get it you wouldn’t normally hear that working the register at BK

Entire-Can662

They said BBBY was going BK it didn’t

ninkorn

That from BK? How is it different from regular Whopper?

I_luv_twinks

BK just tried to charge me 25 cents for zesty sauce. Fuck you. I will not be gouged.

olb3

How many of those regional banks that had insider purchases were distressed? I generally believe that well capitalized banks are a decent buy here, especially if they got haircut substantially, but buying the borderline BK banks is literally gambling

BenniBoom707

It’s because the $135 M Market Cap has Bankruptcy priced, and it has not corrected yet to reflect that BK is no longer on the table. Price discovery will happen soon on this stock and it will be Fireworks, no Squeeze needed. This stock should be trading at $15-20 just on Fundamentals alone, and I believe a strong correction will occur that brings price up to a realistic value. Keep in mind that Ryan Cohen originally bought in around $15, and that’s when a BK was still possible.

Oceanflux

It's not going to zero unless it hit BK and with all the new money coming in it really doesn't look that way... shorts a fukd bro

trainwreck001

Credit Suisse going BK. No one could see it coming... Lmao

RafaelL2303

Bruh bbby is at 1.10 😂🤣 only way it goes is up. They just amassed 400m in re-structure cash flow and declared no BK. It’s easy 200%-500% when it does run.

beyerch

How is "BK out of the picture"? The deal they cut is NOT unlimited free money. They still need to turn around the business. If you mean no risk in short term, OK. "Almost sure chance" No, no there isn't. The financing deal they cut opened the door to significant dilution. Hidson Bay will be dumping shares as soon as the SP shows signs of movement. Additionally, this is essentially a given since this is EXACTLY what they do with other deals With that said, why take a chance on a runup? Betting on a runup, as you admit, is not 100%. Shorting down/buying PUT *would be* 100% success. The only reason to push a "squeeze" narrative is if you are holding heavy bags and need this thing to "moon" so you can get away from it.

Notthenorm1023

Mean Hudson infusing more money then will do a leverage buyout at .28 cents. Writing is on the wall. Or they will let it go BK, and buy it for nothing.

RITE-AID-IS-RAD

BK toss up? Lol. Its done

gettendies

It's going BK

LiabilityFree

lol yeah BK has plunged 40-60%, math is hard.

Significant-County50

Random factoid, from your boy Hollywood with the Dailey business, stay informed my friend’s. Not only have banks collapsed right in front of our eyes just this week. Also Wells Fargo still defrauding customers. Please stay aware of the on going calamities coming our way in 2023, such as layoff possible BK’s and foreclosure’s. The interest rates have not been this high since the 1980s. The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent Alphabet, among others. So far, 312 tech companies have laid off 97,020 employees in 2023, according to the US labor department. Last year tech companies laid off over 150,000 folks. The government continuously tell us it’s all peach 🍑and cream. However in the words of 2pac, “you and I know what’s going on.”

Significant-County50

Random factoid, from your boy Hollywood with the Dailey business, stay informed my friend’s. Not only have banks collapsed right in front of our eyes just this week. Also Wells Fargo still defrauding customers. Please stay aware of the on going calamities coming our way in 2023, such as layoff possible BK’s and foreclosure’s. The interest rates have not been this high since the 1980s. The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent Alphabet, among others. So far, 312 tech companies have laid off 97,020 employees in 2023, according to the US labor department. Last year tech companies laid off over 150,000 folks. The government continuously tell us it’s all peach 🍑and cream. However in the words of 2pac, “you and I know what’s going on.”

Significant-County50

Random factoid, from your boy Hollywood with the Dailey business, stay informed my friend’s. Not only have banks collapsed right in front of our eyes just this week. Also Wells Fargo still defrauding customers. Please stay aware of the on going calamities coming our way in 2023, such as layoff possible BK’s and foreclosure’s. The interest rates have not been this high since the 1980s. The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent Alphabet, among others. So far, 312 tech companies have laid off 97,020 employees in 2023, according to the US labor department. Last year tech companies laid off over 150,000 folks. The government continuously tell us it’s all peach 🍑and cream. However in the words of 2pac, “you and I know what’s going on.”

WezGunz

No BK.

theineffablebob

BK, have it your way

Current_Speaker_5684

Buy the brand during BK, but may not want to deal with the tech or factories. Saudi might go for it though.

Deep-Attempt6967

BK is going down.. slowly over time. I have puts

Bravefan21

My BK puts just went up 80%

Bravefan21

$BK sitting at daily lows. No buying volume, everyone selling.

Necessary_Scarcity92

Here are my opinions (not financial advice): **1.** I think it's undervalued, even given the immense risk profile. Essentially, I think there's: a) a really high probability of receiving the full amount of the equity offering if operational turnaround targets are met, and also b) there's a decently high probability of being able to successfully turnaround the business with close to $1B worth of cash to burn to get there. **2.** Some of the research I've done has indicated brick and mortar's are making a bit of a comeback, so I think there's some phoenix-like potential there in terms of the company's profit margins. Albeit, with the news about SVB and Signature, I don't know if this positive economic outlook will hold true for consumer spending in general. **3.** I think Hudson Bay - or whoever the private equity group is if tinfoil is correct - has the best deal in this scenario and their motive is to make money. I also think if the turnaround seems feasible, they may wait to convert, or choose to convert over time, to control the amount of floating shares that best aligns with their profit strategy. They also might try to dilute and dump and put in as little capital as possible for a quick profit. That has yet to be seen, though, and doesn't seem like their best option to me. Time will tell. **4.** I think, if the company can get back to what it was doing circa 2017-2018 timeframe after turnaround, it's a nice buy at these prices even assuming full dilution. **5.** I'm not convinced there's any buyer waiting to snatch up BBBY to operate through this storm - I don't think RC or Icahn are involved - but I guess it could happen. **6.** If tinfoil is right and RC/Icahn turns out to be the investor/acquires BBBY - and/or if Hudson Bay was not the investor, I think stockholders would get a real nice ROI - and it would point out how convoluted this whole thing is. I could see someone trying to make a little documentary about that, particularly the implications on the MSM, such as yahoo calling the stock "the class clown"... "The conspiracy theorists were right, MSM lied to us all!" That sort of thing. People would rally behind that. Highly unlikely scenario imo though. **7.** I do not think BK is as imminent as many (non-BBBY-ers) seem to believe. Still a definite chance of happening until the company gets to cash flow neutral, which it would have to do within this calendar year to have any sort of a shot at turnaround unless something drastic changes. **8.** I think BBBY sub has a lot of idiots who are YOLO'ing cash into a casino play and just might get lucky with a short squeeze, which is why I'm really here: **9.** I think it's about as good of a... 'high risk investment' as any of the other stocks that have popped off. Nothing is a done deal, there's a significant amount of risk in this play and there are no guarantees, but I really do think there's a decent chance of a turnaround and some real value here if management will be able to execute a turnaround - even if they have the resources at their fingertips. In summary, I like it as a stock that could hang on longer than shorts expect, and that could cause a short squeeze ---or at least a decent return while shorts cover if the company can manage to turnaround the business.

Bravefan21

My money is on BK, so probably not them

olb3

SIVB, SI, SBNY are all screaming buys too! Dude, stop. This isn’t WSB, most people in here should absolutely not be buying FRC when it’s on the brink of going BK

Deep-Attempt6967

BK is next

CalyShadezz

BK

mrbuhtkis

Besides the frosties it’s actually quite disgusting. But I don’t eat McDonald’s BK Tacobell or any of the other fast food for poors locations.

gettendies

That's not the issue. It's the infinity debt and losing of money. Free money era over. Add in the founders constructed the loan deals to encourage default and ita going BK.

RedOctobrrr

....is nobody looking at the date?!??? This shit is a year old. Lots has changed since then. Signature Bank has sucked ass but $BK has done just fine since Creamer said this, and State Street even better.

not-the-droid-

[https://www.cnbc.com/2022/04/12/cnbcs-jim-cramer-says-these-four-financial-garp-stocks-are-investable.html](https://www.cnbc.com/2022/04/12/cnbcs-jim-cramer-says-these-four-financial-garp-stocks-are-investable.html) Here is the list of four financial stocks that passed the test: 1. [Signature Bank](https://www.cnbc.com/quotes/SBNY/) * [State Street](https://www.cnbc.com/quotes/STT/) * [Bank of New York Mellon](https://www.cnbc.com/quotes/BK/) * [Charles Schwab](https://www.cnbc.com/quotes/SCHW/)

uber_noober_

If they can short and distort a company all the way to BK, they don't have to buy back the shares to close out their positions. So they have this short portfolio that fattens their numbers on the books. But no need to pay taxes cause they're technically still open positions. That's how I very smoothly understand the DDs on cellar boxing.

trainwreck001

0 Banks went BK on Friday. Monday = 4.

imbadwithnames1

Tbh, I bought puts on Bank of New York Mellon (BK) on Friday. I think I read somewhere that Circle was banking with them. I prolly overpaid, since they're not really run by degenerates like SI and SBNY (i.e. - they probably won't go to zero).

CalyShadezz

So the move is to short the shit out of any crypto friendly bank that hasn't been shuttered ASAP tomorrow. Personally going after BK.

trainwreck001

10 banks BK by EOW. Calling it.🔥🔥🔥

trainwreck001

3 banks BK and it's not even 8pm EST yet. 🤣

Bravefan21

They were down 12% last week, the post I saw had them next. The others on the list: New York Community Bank $NYCB Customers Bank $CUBI Citizens Trust Bank* (otc?) Bank of New York Mellon $BK

DigitaLegacy

tenx bbby sqqq fuck trka they can go BK now for what they did.

Intrepid-Nectarine14

Because of the FDIC (not BK laws) your money will be available on Monday