First Republic Bank (FRCB)

[powerbattles]

The drop news about Swedish pension fund Alecta sells its stake in First Republic ...that news is rehashed from the old article wrote by ByCharles Daly and Rafaela Lindeberg on March 14, 2023 at 5:42 AM. Cockroaches trying hard to cover because they know it gonna hit them hard tomorrow afternoon

I sold 1/2 batch shares near the close because the stock couldn't break out of $17 again. I noticed that there were too many old articles being rehashed with the intention to manipulate the stock for short-term gains, and it seemed to work very well. Tomorrow will be interesting to see both sides of the coin. Two days before the banking sector crisis, the bank's chief officer sold company stock. However, based on my research, I did not see any significant selloffs from big investors, or insiders. The Wall Street Journal reported that insiders have sold almost $12 million in company stock since the beginning of the year, including Executive Chairman James Herbert II, who sold $4.5 million worth of shares. We will play according to how we see fit. I trade for free shares and hold them for long-term gains.
Good luck to you bro.