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Could be to flip for huge gains, or possibly they want a seat at the table, and will look to have one of their guys in an equity committee. I can only speculate.
Either way, it boils down to Money.
It will be interesting to watch how it all unfolds.
Anyway there were 4 buys of 5,448,983...they made a kill here...or maybe they are looking for something bigger...look who was buying
1
NAMES OF REPORTING PERSONS
MICHAEL W. VRANOS
OK...I just saw it
March 28, 2023
(Date of Event which Requires Filing of this Statement)
" Looks like it was executed on the very first day this went to the OTC, with the Q, and had the dip to .20"
Why do you think that? TIA
SIVBQ: Are you a former BASEBALL player??? E.g., the "catcher's mitt" vernacular, & all that???
I am still holding hoping to see a nice squeeze to $5
SIVBQ: Got-it, Capt.!!
FLIPPERS-LIVES-MATTER!!!
I've been amazed by the massive size of so.e of these trades. Deep pockets playing.... weekend dip approaching....maybe
Careful what you wish for. China is ditching the dollar thru the multi country Bric.
they will, over time. for now, we trade it. lol
SIVBQ: Ya know, all of this crashing-banks stuff has tossed a MONSTER-MONKEY-WRENCH into all of the Global Markets!! (Hopefully, this BANKS' routine will soon be OVER, & otherwise no longer TRENDING!!)
ok, im running in the outfield, about to stretch open my catcher’s mitt, but, wait for it.. wait for it,,,not quite yet…
as expected, a friday afternoon, and end of month at that, as volatile as this one is, i will wait til the eod to see where she sits. then decide.
That's interesting. Thanks for sharing. Looks like it was executed on the very first day this went to the OTC, with the Q, and had the dip to .20
Wish I knew the price range of purchase.
Gltu
Someone bought 5.5M shares.
https://www.bamsec.com/filing/114036123015227?cik=719739
come to mama! i have my catcher’s mitt ready if she does an end of month and end of friday dipper.
im all over the place, lol
SIVBQ: THANKS, Gail!! (I scored BIG on a flip here today!! WHERE were ya, Young Lady?? Gettin' SLOW on your impressive 'FAST-DRAW' of these past few days??????)
"Heck, just KIDDING, Gail!!! We still LOVE-YA!!!"
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At the gap up I mentioned be careful
Nope! That ship sailed. Too many buyers speculating...
HISTORICAL PARABOLIC MOVE SOON
HISTORICAL PARABOLIC MOVE SOON
dang, i should have gotten back in at 70’s congrats all. i missed it.
Please try and give correct information. A simple five second google will provide the correct information. It's in fact, chapter 11.
https://www.armstrongteasdale.com/thought-leadership/silicon-valley-banks-parent-files-for-chapter-11-bankruptcy-what-you-need-to-know/#:~:text=The%20parent%20company%20of%20Silicon,Case%20No.%2023%2D10367.
These buys are MASSIVE WOW I'm a believer. 3 ticks higher than I sold.
Hey, hopefully I'm wrong. The SP has blazed beyond .92. Are shorts covering before the weekend commences.
Let's see this baby break $1
Based on the lower volume and price action, looks like the big run is over. I'm mad because I was thinking about it when it was .40 but was in another play that resulted in a loss. Even saw this around .70 the day before it opened in the 1.30s. Dag!
72 to 92! Have a nice weekend. Algorithms slowed. Nice gain for me. We will play again next week! Back down she goes.
not sure why you would say that?? there is nothing to be gained by bumping this stock price up... it in BK, not ch.11, but ch.7.... this means nothing every for anyone,. so, if this was ch.11, maybe a glimmer of hope for a turn around, but here there is nothing to be gained by pumping too much.. i have purchased a few K shares, but, not expecting much from that... i could get lucky, so who knows, but not thinking about it at all
The bank ceased operations already.
Heard the CEO got a criminal charge?
Deep Pocket flippers making bank!!!
SIVBQ
US government bank regulators reportedly are trying to sell the securities that the new owners of the Silicon Valley Bank and Signature Bank(SGBG) declined to keep as part of their recent buyouts of the failed lenders, Reuters reported, citing unnamed sources.
The Federal Deposit Insurance Corporation has retained advisers to help sell the portfolios, people familiar with the matter told Reuters.
Silicon Valley Bank's and Signature Bank's(SGBG) securities portfolios, largely comprised of lower-yielding securities like longer-dated Treasuries and other US government agency-backed debt, carry a face value of around $90 billion and $26 billion, respectively. The value of these securities plunged after the Federal Reserve began increasing interest rates in early 2022.
It is still unclear how big of a hit the FDIC will take trying to unload the portfolios. The agency declined to comment when contacted by Reuters and the sources spoke to the news agency on condition of anonymity because the sales process is confidential.
(Market Chatter news is derived from conversations with market professionals globally. This information is
Running away with this short pumping.
HISTORICAL PARABOLIC MOVE SOON
Let's see if .70 will be the bottom. It may retest that today and soon
just be careful of …
….
those that push stocks to YOU and others for their own agenda to sell into it.
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