Signature Bank (SBNY)

[Dingbatt]

Ironman

That stunning maybe this expert market is going to save the OTC from extermination
I thought we were doomed 6 months ago don’t have any L stock just a little bit of common

[IronMan123]

New high for SBNYL today. Hit $4 at the close.

[makinezmoney]

$SBNY: Be patient like Blackrock...................

It will ........... you'll see.................. you haven't seen nothing yet


GO $SBNY

[Dingbatt]

Money
is there no room for a dividend. or is this this the same play by the Government as FNMA

[IronMan123]

Just cann't seem to get past that $2 mark.

[IronMan123]

I am GUESSING that the shares of the "L"s that are up for sale are at a very high price and no one wants to make that first move. Might see dollar moves when it starts going.

[IronMan123]

Yes, nice moves this morning. The strange thing is the perfs, "L"s, have not had a trade at all yet this morning.

[makinezmoney]

$SBNY: I know one with a FLOAT of only

10k shares :)


In the meantime, easy peasy double from here



GO $SBNY

[makinezmoney]

$SBNY: $TWO DOLLARS......................

Buyers are dying to have weak hands give in to them.


Canada Pension plan and Blackrock know what they are doiong................ TAKE A HINT !!!!!!!!!!


GO $SBNY

[IronMan123]

This is a SELL ONLY stock. You can sell anytime, any amount, just cannot buy.
You can buy if you are listed on the Expert Market or an MM, OR if you have an account with a broker that is NOT in the U.S.

[billy12]

My only regret is I didn't buy more shares when I could. I have both Schwabb and Fidelity and
neither will sell shares as long as EM.
Out of curiosity I was wondering if we could still sell shares.
On Friday I put a sell order in for 10 shares to see if they would go through. They went through
right away.

[elmasry]

I agree we will have more news soon that will drive higher and highet

[elmasry]

I agree swabbs shows 1.90

[Lime Time]

It was ENGH that I was thinking of. An Expert Market stock that trades 32 million dollars some days in just a day. This one is very impressive too. The dollar volume last day was 8 million. That's quite impressive.

[Lime Time]

It looks like it was heavily loaded around .01

I dunno, I'd like to see a filing or something first.

[koolmc]

trade it, i'm holding since i go in at low's, gl.

[ErnieBilco]

Well SBNTL had an insane rise also. Who could have imagined $3.80 for a EM ticker?

[billy12]

After hours close yesterday $1.89

https://www.marketwatch.com/investing/stock/sbny

[Dingbatt]

Lime
what is the other ones symbol Interesting

[elmasry]

What was the first stock?

[Lime Time]

Is this pullback even worth to buy?

lol

This is the 2nd most crazy Expert Market stock we've ever witnessed in existence.

[makinezmoney]

$SBNY: Bring on 2024 !!!!!!!!!!!!!!!!!!!!!!!!

Momentum to continue..................... bigggggggggggggg stakeholders, ride their coattails


HAPPY NEW YEAR !!!!!!!!!!

GO $SBNY

[makinezmoney]

$SBNY: Cant even buy these super juicy Dips


Whatttaaaaaa bunch of crock............. wheres the fun in that ??

GO $SBNY

[IronMan123]

Looks like the few of the "L"s I put up may just sell next week. Getting closer every day to my sell point. Keep on cooking baby.

[koolmc]

hit 2 bucks hellooo

[makinezmoney]

$SBNY: When the Canada Pension Plan took a STAKE............................

Well............... you just know what that means.

CPPIB ............ they know what they are doing and theyy don't just drop money in Willy Nilly.

They have $570Billy in Assets under Management and this stake in Signature Bank was a Very Strategic move and well timed.
They will easily be looking for a very JUICY ROI............ and just watch, they will get it !!!!!!!

https://www.cppinvestments.com/the-fund/f2023-annual-report/

Read their full 2023 Annual Report here to see what else they have in their portfolio.......

https://www.cppinvestments.com/wp-content/uploads/2023/10/CPP-Investments_F2023-Annual-Report.pdf

GO $SBNY

[koolmc]

if it ever gets there will take rest of the year off lol.

[stju1979]

$2.00 is great but I see $50 next year.

[Dingbatt]

To be trading back PE of 21.3 in 2021
This stock wold be 216 times its current price so it is currently dirt cheap even if it is cashed out

[IronMan123]

Yup,

[koolmc]

depends on where you got in at, .10 cent or below is nice roi if holding a big chunk.

[Dingbatt]

Ironman
It seems to be picking up quite a head of steam maybe the old boiler room is on fire because Barnie was right all along

[IronMan123]

I have some of my "L"s up at $5.10 and then again at $10.10.

[JD333]

$SBNY $1.85 today, this is getting interesting, who would sell?

[koolmc]

yep 2 bucks and it's wheeee time lol

[JD333]

$SBNY $1.72 and climbing.

[makinezmoney]

$SBNY: Thats right....... its restricted.

The Shorts that have been in it forever never expected that they'd have to cover.

They thought they had it good......... and are trying to protect themselves.

Remember when there were major buy recommendations on SBNY back in March this year before they nosedives.

Silicon Valley lead the way............. SBNY CRE assets are undeniable.


GO $SBNY

[koolmc]

1.58 hellooo

[BeerIsGood]

Etrade ans Schwab both say NO to buying it

[makinezmoney]

$SBNY: Selling is so easy.......... Buying-back in.......... HARRDdddddddddddddddd

Try and accumulate if you can............ they won't let you buy it.

They realized how undervalued it is


GO $SBNY and $SBNYL

[JD333]

Wow $SBNY NOW $1.61

[JD333]

Having another great day thanks to experts and Canadians.

[koolmc]

1.30's

[IronMan123]

I got into mine before that. I'm in at .025 a share. Tried to buy more but got cut off when they put them on the Expert Market.

[JD333]

Got my preferred lower than that in Canada when you first brought to my attention, many thanks.

[Dingbatt]

Money
I’m just happy I got a few share in the common and it going back up the only thing I have that’s going up but the l stock is doing even better

[Dingbatt]

Money
I’m just happy I got a few share in the common and it going back up the only thing I have that’s going up but the l stock is doing even better

[makinezmoney]

$SBNYL: Preferred shares have been chugging along as well................


From $0.15 and now at $2.60



They errantly wrote it off back in the Spring


GO $SBNY

[Dingbatt]

Lime
With your medical prowess what is the diagnosis for SBNY because she got all her covad shots and doesn’t smoke and followed every prescription tthe accountant has labeled in her books

[Dingbatt]

WMsince
From $366 to .002 I don’t think $110 billion assets has disappeared to zero however not sure if the FDIC scooped Barnies dividend too