SVB Financial Group (SIVBQ)

[Mojocash]

She is ripping! Go you Bankrupt POS! GO!!!!

[tortiello]

HISTORICAL PARABOLIC MOVE SOON

[LionCub1]

Let's see if .70 will be the bottom. It may retest that today and soon

[gail]

just be careful of …
….

those that push stocks to YOU and others for their own agenda to sell into it.

[tortiello]

NEW HKD

[tortiello]

HISTORICAL PARABOLIC MOVE SOON

[Mojocash]

Landed 72's. Thanks ASCM! Sweet!

[tortiello]

$$$ 2 $$$ TODAY

[LionCub1]

Figured that. It's bouncing now but will probably be short-lived. Expect it to fall more before the real bounce if any

[tortiello]

ENJOY THE DAY, 2 $ COMING

[LionCub1]

Folks are so quiet here. I sold at .91 when I saw the gap up was not happening.

Looking to see if this can find a bottom from which to bounce.

[hondaboost]

Today is Friday, all dumping? Or bad news coming? Zut!

[hondaboost]

So, better NOT hold bankruptcy stocks till next day. Just Day Trading!

[hondaboost]

You’re right in that The bankruptcy, almost all chapter 11s end up cancelling equity, so it’s just for trading .

[LionCub1]

That person probably doesn't trade in the OTC and understand that the bid and ask are greatly reduced during the off hours. The real bid and ask show up after 7am.

I see there's some rare premarket activity for this OTC ticker. Let's see if this gaps up like it did yesterday.

[ATDS FB CULT]

I'm not seeing that
Where do you see that?

[LionCub1]

Based on your handle, I assume you're here for a move higher, at least in the short term.

I agree that this is not a long-term hold as the equity will most likely get wiped out by the bankruptcy judge. The most valuable part of SVB was scooped up by First Citizens, which some folks seem to have forgotten.

[LionCub1]

Are you here for another push up? You think this can hit $2+ today especially if shorts cover before the weekend?

[LionCub1]

Thanks for your post. Much appreciated.

[Minitruckin]

Ask 2.00 bucks

[drumkids]

$2.00

[UpTickMeA$AP]

It would be wise to learn about the difference between buy volume, and sell volume.

[LowFloatLopes]

Just gave u a follow :)

[UpTickMeA$AP]

While this is true, the transactions were made on the bid, not the ask.

What you just stated is a true statement, with a little lack of understanding.

[LowFloatLopes]

$20M worth of shares traded hands above 1.07

[LowFloatLopes]

Every seller has a buyer and every buyer and a seller … so ur statement is incorrect

[UpTickMeA$AP]

A majority of the volume above $1, was selling. That's why we currently sit below it.

[LowFloatLopes]

Thanks… I do believe there’s gonna be a lot more games to be made. Most of the volume was above a dollar today.

[UpTickMeA$AP]

No, they are the absolute last in line in bankruptcy. That's why just about every chapter 11 ends with equity getting cancelled.

Flipping a bankruptcy for a few hundred percent gain, is the win we look for. It can happen a couple times here.

It doesn't happen with every bankruptcy. Highly publicized bankruptcies work best. Iconic companies that go bankrupt, are the bankruptcy plays that really give huge trading opportunity for the most part. This is highly publicized, because it's story is surrounded by a much bigger story, a bank run. Also, the larger the company, the better. Big companies, big eyes.

[LowFloatLopes]

I got ur private msg btw …I do agree most of the time but I did DD on that one ur talking about TMN* and i actually have a small position i do think it actually has quite a bit of potential..only thru $500 on it last week he’s been on me for two weeks to buy it

[gail]

you got in at 27? you know what i would say.

[LowFloatLopes]

I thought commons tend to do better

[UpTickMeA$AP]

That's a very strange thing to say. Preferred shares are in line before commons in the bankruptcy process.

In the event of bankruptcy, preferred stockholders are prioritized to receive bankruptcy payouts before common stockholders—if not enough funds are left, common shareholders may completely lose their initial investment.

https://fortune.com/recommends/investing/preferred-stock-vs-common-stock/

It would be wise to learn the bankruptcy process. Much of what you state, and your thought process of why things will happen, is in fact wrong.

[LowFloatLopes]

It’s absolutely absurd that this is trading lower than the preferred shares

[UpTickMeA$AP]

It's hard to say how long the process will take. It's always different.

Market makers buy and sell stocks on behalf of their clients, and they make money from the difference between the bid and ask price. So they have absolutely no motivation to act as you state. Lot's of misinformation is found on these boards as to what the MM role is.

Shorts are for the most part, a much more savvy investor, because potentially limitless losses. When you buy shares of stock (take a long position), your downside is limited to 100% of the money you invested. But when you short a stock, its price can keep rising. In theory, that means there's no upper limit to the amount you'd have to pay to replace the borrowed shares.

Keep in mind, this is in bankruptcy, chapter 11. The process is written very clearly, and equity is last in line after EVERYONE else is satisfied.

At some point, they will come to agreement with the creditors and all, and a Plan that will outline the fate of equity will be filed.

The bankruptcy process is the reason why almost all chapter 11s end up cancelling equity. It simply is what it is.. I assume you were in Kodak, since you brought it up. Remember they wiped out equity, even though a new company emerged.

[LowFloatLopes]

Glad u killed it today :) it was super fun trading with u the last few days …I’m ride or die here since .27 pray for me lol

[LowFloatLopes]

My exact thoughts said extremely well!! Wayyy too much money traded about $1 $40M shares over $1 today

[knrorrel]

If "everyone" really covered shorts, SIVBQ would explode several days up (that's my opinion) and I'd be fine with a day or two......if the shorts cover and then it can squeeze between $5 to $10 give (all just my opinion)

[knrorrel]

How long do you think such a process takes?

..... at Kodak this process took years and I think it will also take many, many months here until the money is really integrated into a new company and until then many games will be up and down below and

the shorts will sooner or later have to cover their positions

and from a technical point of view the chart could recover powerfully

because : " imagine the many mm who bought a few days ago at 333 dollars = they definitely want to not sell it for a dollar and maybe play it up the next few days? "

imho

[LowFloatLopes]

Also it wouldn’t surprise me if most shorts cover tmrw going into the weekend ….squeeeeeeze

[LowFloatLopes]

$30M*

[LowFloatLopes]

This did around $20M in dollar volume over 1.10 today …going much higher folks

[sergfro]

Keep drinking that kool-aid juice

[LowFloatLopes]

For those who don’t think this is going higher is crazy!! Listed around $30 million in volume over $1!!!

[UpTickMeA$AP]

Lots of high profile chapter 11s have had huge swings like this, only to cancel equity. WAMU, Kodak, JC Penney etc... Many many more.

They have huge swings, because many have your mentality, and think everything is going to be fine, and equity will somehow go from bankruptcy, back to the pps of old, which won't happen.

The government/FDIC already did it's part by setting up the sale with first citizens. What's left, is what first citizens didn't want to buy. Now in bankruptcy. Now, it's a game of liquidating to satisfy creditors. Equity is last in line to be satisfied, per bankruptcy process.

I've been playing bankruptcies for decades, hence the reason I was here waiting for it to list on the OTC. The first couple days are when the big hitter trades hit, mostly. The first day on the OTC, is also when you see the massive Dip. Then the dreamers come in, and run it up. As we clearly saw happen. Being early is key.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171475224

But by all means, take your knowledge of the bankruptcy process, and play as you see fit. Gltu

[Hercules1]

then explain why it jumped 140% yesterday.

and why it held up relatively well even with relentless pressure from the shorts.


nothing is going to get cancelled if u.s. govt bails them out.

[UpTickMeA$AP]

It wasn't in danger of bankruptcy then, let alone, in bankruptcy.

It's important to remember, this is in bankruptcy.

In most bankruptcies, equity ends up being cancelled. Do some research on public companies that have gone through chapter 11.

This is a trade, not a long term investment. Even if a company emerges from chapter 11, equity is cancelled 99% of the time, with new equity issued. On rare occasions, equity will get issued to the equity in bankruptcy, at a highly diluted conversion.

Careful folks. Keep up with filings, and the bankruptcy plan. It's vital information.

https://www.toptal.com/finance/bankruptcy/chapter-11-bankruptcy-what-is-it

Understanding the process is also vital.An equity committee is usually appointed, when a possible outcome that doesn't wipe out equity could happen. This is still very early stages, and will all be given light through the court process, and filings.

[JUST 10-11-12]

remember this: “IF SIVBQ going to $50, don't be surprised! Because it was $619 a while ago!”

[Hercules1]

i think this gaps up to around $1.20 or so and runs to $1.50 tomorrow in the first hour alone.


no telling what it can do if the news comes.

with any positive news, you are looking at a 500% runner tomorrow in a single session.


there has to be a reason why it jumped 140% yesterday.

[Minitruckin]

No this good higher lows to build a step up