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Whats everyone's take on Bank Stocks like CS? They gonna bounce up and down but ultimately end up? I've got a couple Pesos in a Fun Account that I'm looking at taking some flyers with.
Whats everyone's take on Bank Stocks like CS? They gonna bounce up and down but ultimately end up? I've got a couple Pesos in a Fun Account that I'm looking at taking some flyers with.
Whats everyone's take on Bank Stocks like CS? They gonna bounce up and down but ultimately end up? I've got a couple Pesos in a Fun Account that I'm looking at taking some flyers with.
Whats everyone's take on Bank Stocks like CS? They gonna bounce up and down but ultimately end up? I've got a couple Pesos in a Fun Account that I'm looking at taking some flyers with.
Assets and coverage ratios are fine for CS, Swiss government will also not let them fail. Management gaffes over the last 15 years has eroded pretty much all confidence in the bank though. Situation I’m hoping for is CS being completely bought out by another bank at around book value. I bought my shares at a price to book of .15 which is a huge discount to the intrinsic value of the bank and the theoretical price it would be acquired at. It’s a deep value play similar to the original GameStop thesis without the short squeeze.