Replies to post #106522 on WEALTH UNIVERSITY

[Geaux Fish]

CORS Caution was a buy and a sell. High Risk


FDIC may take over CORS bank shares and trading can stop???

Now if bidders come in and buy assets this can pop.

On radar so if you willing to lose a few coins buy it.

The key here is the assets can turn a huge profit for a buyer as the real estate market / condo improves. Looking at it this from buyers prospective is good. But they have to take on a lot of bad depth is the questions but looking at the assets. I think bidders or in line that has the money and why did this trade over 40 million shares a few weeks back in one day???

“There buying assets on the cheap side and they’re getting pretty significant backstops against the losses from the FDIC,” “There’s no doubt that if you’re buying a company that failed, you’re going to be getting assets at a discount.” I think the FDIC is working out a deal so not to have another fail bank and drain down the FDIC fund. There already imposing fees on banks now to help rebuild the fund.

But very high risk here if anyone is holding this for a trade.

GF