By Reggie Middeleton of the www.Boombustblog.com
If those who persue the BoomBust regularly recall, on Tuesday, 12 July 2011 I penned BoomBustBlog Traders Armed With BoomBustBlog Research Caught ~10% Deutsche Bank Fall.
Deutsche Bank looks downright UGLY! Our new Forensic Analysis/Technical Trade combo called this one out about 2 weeks ago with impressive precission. Kudos to all who contributed.
DB is now trading 20 points lower. Those that haven’t read said piece should check it out for the resident BoomBustBlog traders and fundamental analysts caught this one right on the money and a full three months before the sell side and the pop media. On that note, Bloomberg reports Deutsche Bank Risk Seen Rising as Puts Appreciate Most in Europe: Options 9 Sep 2011
” There could be ongoing pressure on German markets because people want to be short and there could be some pricing… The price of options to protect against losses in Deutsche Bank …
It would appear that much of the pop media should follow the BoomBust a tad bit more closely. I will probably release the prime French bank run candidate some time soon, potentially on in the Max Keiser Show, as I drop little bread crumb hints along the way since the banks share price is already approaching our valuation bands. Anyone in the pop media space who wants a scooping story, here is the motherload. On a separate, but related note, let’s look at what those DB puts looked like when the BoomBust first warned on said German bank…
And this just in from Bloomberg: Germany Said to Ready Plan to Help Banks If Greece Defaults
Chancellor Angela Merkel’s government is preparing plans to shore up German banks in the event that Greece fails to meet the terms of its aid package and defaults, three coalition officials said.
full article at source :http://boombustblog.com/index.php?option=com_k2&Itemid=200079&id=5851&lang=en&view=item
- Why the ECB Expanded Its Balance Sheet By Over $1 trillion in Less Than Nine Months (zerohedge.com)
- Ireland and its begging bowl (thepressnet.com)
- Living Large at Deutsche Bank (businessweek.com)
- Germany’s Ex-Spy Chief Now Working For Deutsche Bank (businessinsider.com)
- Deutche Bank Report on Greece and Greek Debt Exposure (amp2012.com)
- Greece (and the PIIGS) Are a MAJOR Problem… Even for the Strongest German Banks (zerohedge.com)