🎁Is it safe to buy SVB now or is this just a 'dead cat bounce'?
@TigerEvents:
Shares of $SVB Financial Group(SIVBQ)$ and $Signature Bank(SBNYL)$ started trading over the counter on Tuesday after Nasdaq delisted the stocks.SVB Financial, now changing hands under the ticker (OTC:SIVBQ), was 99.8% lower at the time of writing, Signature Bank stock was also down some 99%.What is OTC?There will be some Tigers who will ask how to trade them following the delisting of Silicon Valley Bank and Signature Bank.OTC stands for Over-the-Counter, which refers to the trading of financial instruments, such as stocks, bonds, or currencies, directly between two parties without the involvement of a formal exchange.In an OTC market, the parties involved negotiate the terms of the trade, such as