2 ms·
Oh, something I missed… Torrenegra claims in that post that not only did he and his friends start the run, he bought SVB shares on Friday hoping to profit from
by cormacrelf 4y ago
Oh, something I missed… Torrenegra claims in that post that not only did he and his friends start the run, he bought SVB shares on Friday hoping to profit from the run. Sounds totally rational. He apparently thought assets were less than liabilities so needed to get his funds out lest he be left with nothing, but also thought assets so far exceeded liabilities that the shares were undervalued. Very smart man! Few are familiar with this branch of financial quantum physics.