3 ms·
I've received emails from a couple of startups that I've invested in with screenshots showing all their money moved out of SVB into another account. I'd say no
by jedberg 4y ago
I've received emails from a couple of startups that I've invested in with screenshots showing all their money moved out of SVB into another account.
I'd say now is a good time to short SVB if you're into that sort of thing.
- kortilla 4y agoIf you’re reading stories like this, it’s too late. The short interest has already exploded, the stock has already lost 40%, and now we’re in takeover/bailout territory. You’re a day late. Try again on the next bank failure.
- kmlx 4y ago> The short interest has already exploded, the stock has already lost 40%, and now we’re in takeover/bailout territory. > You’re a day late. just one sec: SVB Financial Group Pre-market 57.50 −48.54 (45.78%)
- jedberg 4y agoYes but OP is right. I posted that after hours, which means the earliest you could buy your short was at the open this morning, when the stock would have been down already. But also, trading on SVB was halted before the market opened. :)