What's happening to Credit Suisse?

[meng.huat]

 

 

 

 

@socrates469bc what happening sia? why the panic now?

 

@HarrisY Tomy got tell you anything?

[socrates469bc]

for cs, it was greensill and archegos happening in consecutive yrs.

 

along with the loss of russian biz and higher interest rates, any banks taking usd15.5bln loss for 2 yrs straight will not be able to survive.

 

for db, it was greensill, archegos and wirecard.

 

along with legacy cdos from 2008, it is no surprise that it is under selling pressure.

 

limpeh wait to pick the bones.

 

wahahahahahahahahaha

 

 

 

 

[meng.huat]

stock rebounce already!!

huat huat huat!!!

[socrates469bc]

6 minutes ago, meng.huat said:

stock rebounce already!!

huat huat huat!!!

 

drop all the way from 10 at yr start means alrdy holding losses.

 

limpeh give another advice an old man gave me.

 

never catch a falling knife unless the returns r 1:10.

 

wahahahahahahahahahaha 

[meng.huat]

8 minutes ago, socrates469bc said:

 

drop all the way from 10 at yr start means alrdy holding losses.

 

limpeh give another advice an old man gave me.

 

never catch a falling knife unless the returns r 1:10.

 

wahahahahahahahahahaha 

 

means $1 then can buy?

[socrates469bc]

36 minutes ago, meng.huat said:

 

means $1 then can buy?

 

$1 means crisis level liao, of cos limpeh will buy.

 

but will it reach this level?????

 

b4 limpeh buy a stock, limpeh always ask limself whether a stock at this price level and the foreseeable environment worth a buy??????

 

when decide to enter, always have an entry and cut-loss plan.

 

wahahahahahahahahahaha