Back in 2015/16 I made a discovery with a few others on the net/reddit/Jow Forums that BMPS (Banca Monte dei Paschi di Siena) was on the way down and would probably go bankrupt. The stock is now worth 1.52 EUR from 196 EUR in 2015. I also made a connection that DB was going to go down with them when they inevitably go bankrupt and the correlation stands correct. I have written proof and can find my posts from back in 2015 where i detailed the reasoning behind the bust (bad loans, theyve been tossing bad loans between banks) but theres a bunch of other banks connected to this spider web and i seem to be correct.
So that leads me back to my question, anyone here spotting patterns ?
I am long on Lloyd's, Danske, Novo Nordisk and Credit Suisse. Am I gonna make it ?
Aaron Jenkins
hey OP, I am more interested in finding companies and management with a history of fraud and opening short positions if there is liquidity.
John Phillips
>what's wrong with the Euro? I was going to post a golden face image but that would be immature
You are, how long have you been holding them? I'm not sure about Lloyds but the others are set. Im trying to look for a massive chart I made of all the connected banks, did this shit years ago
What I find most exciting is that when BMPS falls, i expected this year but it may be 2020 on a quarterly report or something then DB will follow and so forth , its literally a slow death thats been happening since 2008. I wish more people were seeing this but maybe they're just keeping quiet
Are you shorting the banks or their shitty products/ETFs?
Ryder Howard
Im shorting the banks and hoping the government doesnt bail them out, if i was shorting BMPS back when I first found this thing i'd be rolling but i was like 18
It's literally guarunteed that DB will fall, just put everything in DB and wait till mid 2020, its going for 8.60 . This will probably be your last chance. Thank me later
