$Western Alliance(WAL)$ simply put, a bank of this scale never fails - bailouts will always be prioritised by the fed!
regional banks like these take the pressure off of central banking institutions, and as such they are invaluable in creating liquidity and access despite internet banking.
the stability of regional financial institutions is very high in demand, especially in the wake of failed systems like crypto (though we undoubtedly will see highs appearing soon again).
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Comments
哇...这是我今年做过的最好的交易之一,我的平均价格约为24美元。这次超过100%。在市盈率为6的情况下,我仍然看不到自己卖出哪怕是一部分头寸。
WAL reached $46.83 after earnings, and the calls went from $2.20 (when I wrote this article) to $6.90, resulting in a beautiful 3.10X gain!
The WALpa preferreds have been moving up along with WAL. If WALpa breaks 16 and holds it will be looking at a 20 price target {if earnings continue to hold up}. The bigger dividend is a plus on the preferreds along with more secure payment of. Looking for 16 support level to hold with a 20 price target to the upside, plus the dividend.
The rampant short selling in the sector needs to be checked this month, all of the regional banks are manipulated lower because of it.
Check it out. WAL is over $50.