.......bottom line, Bobbie.............$17.50 would only happen, after the fudge conversion..........AND.......AND...........frankie puts up the 'for sale' sign on his fledgling THRIFT.................I ain't waiting and will probably dump about half of my fudge, on day 1...........at least most in the ROTH IRA.........................
.....short term, this CIT merger is making frankie, Guy and me......nervous.................when the FDIC is sniffing in our wife's panty drawer................the good part of this CIT problem is the FDIC could acually save frankie from DISASTER...............in the event CIT has lots of weak commercial loans................CIT definitely does because that is the nature of its business.........................
.........CIT green light = $30-to-$50 per, spike up.....FCNCA.........red light, the stock goes south at least $50, short term.............
.................no worries, Bobbie.............worst case, imo, is CIT gets scotched, FCNCA drops to $799 per and we get the conversion......TODAY...........and the drew $2.20...........per..........in a week or two..........
.....best case is the BANJO Bobbie...........$17.50 by YE, 2021.........