20$ per share by Friday. Down 13.5% this week. After hours trading down 5% already. Market cap down to 37.5 billion. We may be the next biggest bank to fail. BBT shareholders paid 62$ per share for this fiasco. Unfingbelieveable!
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The short sellers have decided to take their profits and run. All bank stocks are up in pre market trading. Next week it will start again.
"Open up the window, check out the view...AND
jump you f-cker!"
Gene Burnett
“Hey Mr Banker with your make believe books
Your bottom line is closer than it looks
Jump you f**ker”
Gene Burnett
"Rogers, Beau and Kelly are watching in amazement as their creation swirls down the drain."
I doubt it. They don't care.
Stock is down 5% on the open...sheesh....
If you “Teammates” don’t think a run on Truist and current conditions can’t take this bank down you’re delusional. If it makes it through this crisis it will be damaged for years to come and likely will be bought by someone. If you have vested stock might be a good time to dump it. Rogers, Beau and Kelly are watching in amazement as their creation swirls down the drain.
I hope Truist fails. Terrible bank run by terrible leaders!
Yesterday I sent my dad the following info and told him he should find a new bank because obviously their priorities are a demonstration of idiocy.
https://finance.yahoo.com/news/credit-suisse-senior-dealmaker-sanger-141335013.html
https://www.cnn.com/2019/12/12/business/truist-bank-merger-suntrust-bbt/index.html
https://www.accesswire.com/751100/Inspiring-Conversations-Truist-Foundation-Supports-NCGrowth-in-Creating-Sustainable-and-Equitable-Opportunities
https://www.truist.com/who-we-are/diversity-equity-inclusion
https://twitter.com/KobeissiLetter/status/1653526919038619652
https://twitter.com/yielddive/status/1634545092709982209