CUBI
I probably should of brought some this morning, among many other stocks I missed out on. Was too all over the place and didn't really buy anything. Probably a mistake.
A positive is the CEO Brought some so that is a vote of confidence. The company is super cheap if they don't have issues. Bond portfolio is mostly at fair value at 12/31/22 (Except there held to maturity portion which is much smaller). Deposits have not been dropping as of 12/31/23 in fact they have been growing. Of course we have no clue what is going on right now. I also have a slight concern because there have been many of times that CUBI who has been mentioned as a crypto bank in articles (So far they have been better avoidiing the pain), but the concern is that may be an issue at some point. Overall I like CUBI, but a stock that had a low of $6+ and is now $19, the opportunity to buy in the short-run has been missed for me like with many stocks at the moment. I will sit on the sidelines for now, because I don't chase. Although I have to be honest today was very disappointing to me that I didn't buy anything really. All is just my opinion, and I could always be wrong though.