Evidently the CFO isn't worried about this with his own money. I have a lot of money in this too. I bet it isn't a concern.
I would love to know that also. The price action has been upsetting. The price of oil shouldn't have anything to do with the drop.
We are down because another bank went over the 50 billion asset ceiling and announced a caution on Wednesday. NYCB has been preparing for this moment for over a year and is prepared for this. I personally have doubled down with this big drop in shareholder confidence. This action will be rewarded for me next Wednesday during the conference call.
A little profit taking doesn't deter the big money and the momentum. Monday could provide a surprise software wise. I wouldn't be surprised if they announce the wallet or the home software. I personally can't wait for the split. June second is the day of record. I remember what happened after the last split. I am excited! The next 6 months are going to wow us.
Look at Amazon or Google that invest in their future. Baidu is doing the same thing in China. Best in class in the fastest growing economy in the world. The US is growing at 2 to 3% and China is projected to slow down to 7%. I'll stick with Baidu even though it has been painful lately.