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FIRST REPUBLIC BANK (FRC)
- Fwd P/E: 21.1X Cap: $653M
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JPMorgan Chase & Co. (JPM $292.89)
- $292.89 Fwd P/E: 14.29X Cap: $809.46B
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FIRST REPUBLIC BANK (FRC)
- Fwd P/E: 21.1X Cap: $653M
- View FRC Profile
- View Questions on FRC
Q: First Republic Bank was taken over by JP Morgan Chase. Now my watchlist shows some shares listed as FRCB and these shares have been slowly climbing from .30's to a current price of .4679 US. Please explain what these FRCB shares are.
Thank you. Gordo
Thank you. Gordo
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JPMorgan Chase & Co. (JPM $292.89)
- $292.89 Fwd P/E: 14.29X Cap: $809.46B
- View JPM Profile
- View Questions on JPM
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FIRST REPUBLIC BANK (FRC)
- Fwd P/E: 21.1X Cap: $653M
- View FRC Profile
- View Questions on FRC
Q: This person took the words right out of my mouth, as the saying goes. Well done 5i
"Q: You have taken some heat on WELL and some other small caps, so I thought we would throw in a comment for some balance. In mid March I was thinking of taking a flyer on FRC and you were very cautious about such an idea. You said, and I paraphrase, 'we don't like stocks than can potentially go to zero'. That was enough to keep me on the sidelines. Now, FRC is down about 65% since then, and might not make it through the weekend. I wanted to thank you for your advice, and sometimes the 'don't buys' are good as or better than the buy ideas. Thank you for your service and keep up the good work."
"Q: You have taken some heat on WELL and some other small caps, so I thought we would throw in a comment for some balance. In mid March I was thinking of taking a flyer on FRC and you were very cautious about such an idea. You said, and I paraphrase, 'we don't like stocks than can potentially go to zero'. That was enough to keep me on the sidelines. Now, FRC is down about 65% since then, and might not make it through the weekend. I wanted to thank you for your advice, and sometimes the 'don't buys' are good as or better than the buy ideas. Thank you for your service and keep up the good work."
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FIRST REPUBLIC BANK (FRC)
- Fwd P/E: 21.1X Cap: $653M
- View FRC Profile
- View Questions on FRC
Q: You have taken some heat on WELL and some other small caps, so I thought we would throw in a comment for some balance. In mid March I was thinking of taking a flyer on FRC and you were very cautious about such an idea. You said, and I paraphrase, 'we don't like stocks than can potentially go to zero'. That was enough to keep me on the sidelines. Now, FRC is down about 65% since then, and might not make it through the weekend. I wanted to thank you for your advice, and sometimes the 'don't buys' are good as or better than the buy ideas. Thank you for your service and keep up the good work.
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