$Silvergate Capital(SI)$ I don’t know that their old numbers can be trusted and I haven’t seen them telling investors at this stage. Thinking it can liquidate for $600 mln seems VERY optimistic IMO
Well, I closed out my long puts at SI 80 cents for a $25 mln market cap and thus ended up being short puts.
So, if SI can stay at $1.50 for a while that would be nice but, yes, not counting on it going much higher…
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