What's the pin action off of this that perhaps has not yet been realized by many? There's gotta be something. This is a big deal right?
JR.... Just to continue this here.... your quote: _____________________________ from my newsfeed: DEUTSCHE BANK <DBKGn.DE> Indicated down 6.2 percent Deutsche Bank <DBKGn.DE> admitted it had an image problem with investors as fresh concerns over the stability of Germany's largest lender pushed its U.S.-listed shares to a record low. JP Morgan said any settlement higher than $4 billion with the U.S. Department of Justice over its sale of mortgage-backed securities would mean that Deutsche Bank's current reserves would not be enough and it would have to replenish reserves, putting capital at risk. [nL8N1C52BG][nFWN1C50R9] Hmm, seems like they will have to do some sort of capital raising. Already been selling some assets. I reckon they will settle pretty quickly to get this lawsuit behind them... if they will do that with some kind of bond issue or partly with equity it might be allright. If it takes longer, shit will hit fans... in cases like this, action means good... in-action means very very bad... __________________________________ "Image Problem"..... lmao...thats flowery phraseology from their PR Dept icing over an ugly situation. What kind of time frame are you thinking here? A week? A few months? Could the sh*t hit the fan overnight if its worse than they are letting on?
Marty, why is DB in so much trouble? Is it a lack of revenues? Or does it have to do with mis marked assets?
DB has already crashed. It's down from $30 in late 2015. We wouldn't see this much volume at these levels if DB were going to $5. DB is already at the high volume wash out phase.
Thats what I thought when I bought Bear Stearns on 3/14/08 @ $32 .... a fine Friday afternoon it was. Monday it closed @ $4.12. Apples to Apples? Who knows. But they let on everything was under control too.