Summary
NYCB stock has cratered following its Q4 earnings report.
At first glance this seems like a gross overreaction but there are complexities at work here.
I fully dive into what went wrong, who is at fault, and what the bank's path forward looks like.
Based on what I know now (as of Tuesday evening), I like put selling on NYCB, as I believe people are …
Keep reading with a 7-day free trial
Subscribe to Ian’s Insider Corner to keep reading this post and get 7 days of free access to the full post archives.