State Street Corp (STT)
A financial holding company which provides a range of investment management strategies, specialized investment management advisory services and other financial services for corporations, public funds, and other sophisticated investors.
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One of the banks that overreached for return, it would be a goner without our money.
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Excluding the 19 biggest banks that underwent the stress test, banks with nonperforming loans above 5% had combined deposits of $193 billion, according to Bloomberg data.
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too big of bounce.
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Pumped/pimped by Cramer today
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jim cramer says it goes up, i say it goes down. jim cramer is corrupt.
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STT has a too high valuation compared to its assets under management [AuM]. It is also losing AuM quicker by maintaining huge unprofitable positions, such as more than one billion dollars in C/Citigroup. Losing Aum bodes wells for less earnings.
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50% one day downer is no good for long term
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Financials. STT Was up 10% today.
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hope im not too late, this stock still has some falling to do.
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Poor Manage. Very poor decision making. Stock heading for s deep dive.
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