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Why I'm Going Against Consensus And Shorting Signature Bank

Seeking Alpha readers should be especially careful owning Signature Bank (NASDAQ:SBNY) in light of the super-premium shares currently trade at. SBNY, the part private banking part business banking New York City located giant - with a current market cap of ~$6.05 billion, trades at a significant premium to peers with a 6.6X price/sales and a 2.55…