Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: MeneMeneTekelUpharsin
On the weekend, Deutsche Bank posted losses of €43 million - and then surged as the week began.

So investors took the news that losses were "only" €43 million as a "buy" signal.

Regards,

3 posted on 04/29/2020 5:58:36 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: alexander_busek

That looks like a dead cat bounce. Despite great cost-cutting and shedding of much bad debt, Deutsche Bank nevertheless remains impaired. Last week, S&P Global Ratings downgraded DB’s outlook to negative due to the anticipated effects of the coronavirus on its balance sheet.


4 posted on 04/29/2020 6:41:13 AM PDT by Rockingham
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson