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Showing results 1 to 6 of 6
Search: Posts Made By: phantomtrader
Forum: Stocks and ETFs March 13th, 2023, 10:07 AM
Replies: 65
Views: 4,885
Posted By phantomtrader
You may be right. I just tend to be more cynical...

You may be right. I just tend to be more cynical about this country and where it's headed.
Forum: Stocks and ETFs March 12th, 2023, 07:03 PM
Replies: 65
Views: 4,885
Posted By phantomtrader
That speaks to a lot of political influence. 90%...

That speaks to a lot of political influence. 90% of Silicon Valley are Dems. You bet they can't lose those votes.
Forum: Stocks and ETFs March 11th, 2023, 02:46 PM
Replies: 65
Views: 4,885
Posted By phantomtrader
You could have made a bet in Vegas that this was...

You could have made a bet in Vegas that this was going to happen:

"CEO of Silicon Valley Bank sold $3.57 million of stock in the troubled bank just TWO WEEKS before its dramatic collapse in...
Forum: Stocks and ETFs March 11th, 2023, 12:51 PM
Replies: 65
Views: 4,885
Posted By phantomtrader
Thanks. I hadn't read that yet. $250,000 is a...

Thanks. I hadn't read that yet. $250,000 is a drop in the bucket. You can't even open an account at SVB without a large deposit. I would wager 80% are at risk for a lot more.
Forum: Stocks and ETFs March 11th, 2023, 12:12 PM
Replies: 65
Views: 4,885
Posted By phantomtrader
Exactly. That's why I'm thinking they used the...

Exactly. That's why I'm thinking they used the bond portfolio as collateral, possibly borrowing from other banks to pay the bills.
Forum: Stocks and ETFs March 11th, 2023, 11:45 AM
Replies: 65
Views: 4,885
Posted By phantomtrader
SVB's business was start ups and risky tech...

SVB's business was start ups and risky tech investments. These companies will not be able to meet payroll or pay bills without their lines of credit. That means multiple bankruptcies coming up. ...
Showing results 1 to 6 of 6

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