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First Republic Bank (FRCB)

OTC Markets
Currency in USD
Disclaimer
0.04
0.00(2.50%)
Closed
After Hours
0.040.00(2.50%)

FRCB Price Commentary

Why is this still trading?
It was bought by JP Morgan Chase!
Can we still sell at market price in OTC markets?
yes you can. ask you broker
can any one tell how to sell the 14 share purchase at 3.6 . how I will sold this share now. and what is the pink status
Specially the ceo of citi Bank
That's life we just have to move on and learn not to trust these people
Most banker's are all connected they new this is going to happen, they got richer the top men at first republic bank sold their shares at $140 ordinary people got screwed
Someone last week posted saying he has bought 20k shares at 3.50 and he was saying he was smart. do you guys remember who he was ?
going to 0.50 cents today. 0.1 by end of week I think. its value is zero
All the big banks will get that 30 billion back why is that and share holders get nothing
Daylight robbery.
same stunt pulled at credit Suisse
Class action suit
FRC Halted , and what will happen if one have open Spread bet position? Is it all done, or the FRC stock will reopen as JP.Morgan stock ?
Thank you Gary
So all share holder money went into thin air thats mean banks are also not safe
Wat will happent to all the asset from FRC own
What about First Republic's stock? When a bank is seized by the government, its common shareholders are wiped out. In this case, First Republic shareholders, along with its debt holders, will not receive anything. JPMorgan Chase said that it would not assume First Republic's corporate debt or preferred stock.https://www.nytimes.com/2023/05/01/business/first-republic-stock-deposits-sale.html#:~:text=What about First Republic's stock,corporate debt or preferred stock.
So i guess now you have your answer?
The question is now - have we lost everything?
yes
Rich gets richer again we loose out
Frc stock finished?
Must have ceased trading - moving so much pre-market though. Weird
Its not moving
4.15 on yhoo finan
3.51 on there now, and blank.
4.15 on Yahoo finance
3.38!! I told you!!
bank run on all other regional bank now. dump all bank stocks b4 it crash again. all the best dude.
Now wat will happen to share of first repubblic bank
Jumped suddenly from 1.9 to 2.29… someone bought.
I said move on buddy. Write off your loss.
What happens to FRC stock holders now? I mean how settlement is made?
Would not surprise me if it went up. These bankrupcies are often weird.
As much as I hope, i think we should move on.
see what happens by 2.30pm first. The big question is - will FRC cease trading as a stock? Many carry on. A blip upwards could happen. But all in all, I agree with you,
So with JP buying its assets, the shares will be worthless?
Maybe similar to the situation with credit suisse. It may worth something but heavily 'discounted'
hence why JP going up, agreed. Lost a lot of money on both banks lol
BBC NEWS - First Republic: JP Morgan to take over major US bank
Deal now definite by Sunday. 6 parties bidding. Should shoot up on Monday. https://www.reuters.com/markets/deals/first-republic-auction-underway-with-deal-seen-by-sunday-sources-2023-04-29/
so Monday Green??
will the share go up
if someone buys the bank do you loose your shares
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