$Silvergate Capital(SI)$ SI should reverse liquidation instead and tap the funds instead. That would make it a long term success. I wish I bought more
I mean it's so obvious it's simple.
The liquidation value of the company is over $10/share. Elon Musk couldn't even screw it up now. Momentum carried it to a 99% loss with 80% float in on the short action. That's over. It's equalizing and everyone knows what comes next. Short gotta cover because their shares they owe back are worth $10+
In all honesty, if SI failed it would have been last Friday. 100%. Now I am 98% sure it’s not going to fail. It will just be a lone wolf penny stock for at least 3-4 years until history forgets and they redeem themselves
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Wolfenstein118·2023-03-15Thanks for sharingLikeReport
- Bharatt·2023-03-15🙏🏻😊LikeReport
- Ash8·2023-03-15LikeLikeReport
- whitesnake·2023-03-15👍LikeReport
- Ku9787·2023-03-15NiceLikeReport
- BengSeng·2023-03-15greatLikeReport
- KOKHWA·2023-03-15kLikeReport
- 我要睡觉了 再见·2023-03-15okLikeReport
- Hellopretty·2023-03-15hiLikeReport
- MayTan·2023-03-15NotedLikeReport
- YauDK·2023-03-15OkokyeyeLikeReport
- alex alexalex·2023-03-15PlLikeReport
- buckethead·2023-03-15okLikeReport
- HappyFeet·2023-03-15GoodLikeReport
- THB·2023-03-15OkLikeReport
- GoodLife99·2023-03-15[Like]LikeReport
- Ackw·2023-03-15kLikeReport
- Limhockmeng·2023-03-15wowLikeReport
- Boytoy·2023-03-15thanksLikeReport
- BurLInG·2023-03-15UpLikeReport