Apr. 19 at 10:51 PM
$SBNY Spekt time chasing SBNY down online today. Of course AI relies heavy on the Ad Hoc article & everything I could find is that the “FDiC says zero” on payouts. It seems like they are selling remaining stakes to the current JV holders &they intend to close the receivership by end of may. Then they will tell us to pound sand.
Where does that leave the big guys hoping for
$9? (CAN’t think of their names) 🙄
If all of this is as dark & dismal as it sounds searching the internet how are we still at 72 cents and SBNYL has dropped to
$2.40? Either this is some sort of brutal poker game or….
Anyway, of course all the usual suspects are silent. Klett, former executives, “big holders of regular SBNY securities,” still no FDiC audited financials🙄😡
No lie it’s tempting to sell to recover what I have in it only (a break even play) but as soon as I do they’ll decide to pay everyone “x” number of dollar’s
Forget Klett (tits on a bull)congress or Pelosi /Yellin getting what they deserve😡