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Investment Strategies / Falling Knives
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Author: CapitalAlligator   😊 😞
Number: of 670 
Subject: FKA: NYCB
Date: 02/06/2024 5:20 PM
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No. of Recommendations: 4

Down, down, down. Now around $4.15 after hours.

Reported hefty quarterly loss and increased provisions for losses largely relating to commercial real estate.
CRE is about 22% of their loan book, IIRC.

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