zoomzi
2023-06-08

$PacWest(PACW)$ My view is that these bank stocks will bounce around a fair bit as rates stay high and the economy slows down, at least until FDIC insurance is extended for businesses, which I suspect Congress will do at some point, despite its dysfunctionality.

PACW seemed to be to stabilize around $9 for a long time and were it not for the short attack that might be its natural price. Whether it gets there anytime soon, though...

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