FalconTech
Oct 1, 1:42 AM
$FLG This is looking weak. They are in the multi family and CRE loan business mostly in NY in a rising rate environment and with a Mamdani admin that is hostile to multi family anything, home ownership and capitalism in general! Talk about headwinds. Glad I sold a few months ago in the mid 14s. The plan was to jump back in around 11-12 if it got there but I’m afraid to do that given the obstacles. Not buying back in unless there is clear evidence of falling interest rates.
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