First Republic Bank (FRCB)

[powerbattles]

$FRC Don't let the drama of the News, financial TV hosts influence your judgement. They work on behalf of large investment firms and aim to influence you to do the opposite of what the large firms do. Instead, focus on the facts.
You can view FRC’s filing with the SEC from a few weeks ago. Equity then is similar to now. FRC's financials are healthy, its equity is stable, and it still has over 200 million assets. About 65% of that is Mortgage lending to wealthier clients. Emotions are driving the stock price down, not the bank's fundamentals. FRC is nothing like SVB. The only reason this bank's stock value is down because of the fear that the bank might face liquidity issues.
Smart investors will see past the fear and buy the dip. This bank's financials are healthy, its customer base is solid, and its business model is strong. The irrational fear of liquidity issues will eventually subside, and those who hold long will reap the rewards. Mark this post!

I trade heavy building more free shares for a long term investment.
Stay level-headed, and don't let fear dictate your investment decisions. Imho.