The Dangers of Buying Mua

The stock of First Republic Bank dropped another 43% on Friday before the news that it was going into receivership. The bank is trying to find buyers right now, but Mua says there's no chance they'll be able to get a good price. "I talked about the initial rescue plan for this bank," he said. But I also mentioned how dangerous it was to buy it because if it fell that last 3%, doesn't seem like a lot, right?