Deutsche Bank Trades at New Highs This Year

By next week, if we see Deutsche Bank trading at $7, playing it for a reflexive rally back to $10 is a quick, pretty solid return. But right now, there's zero technical evidence that the turn is happening. The only thing I worry about is that he might be old and he might not care or he just might be trying to drive too hard to bargain. It feels like we're going to get another one of these situations where he's going to buy some convert. He'll be the sweetest deal for him, but it'll also be a win for the, for the bank that's doing the trade because his endorsement will send it up. We saw this