Silvergate Capital Corp (SICP)

[dinogreeves]

I can tell you a few things about your posts that I read even after this post: If you believe in Bitcoin, you will hang in there, more importantly, the company has 8 billion dollars in the coffers, true that their debt is also half of that, but if you believe Bitcoin will hit high numbers soon or later, should not matter at this point, short interest is high, somewhere in the range of 70%....

I can also tell you that back towards the end of 2020 I bought LKNC*Y 100,000 shares at 10.40, I kept buying and buying in one day, they dipped it and got me out within a week, booked my losses and moved on, sold with a loss of 140,000 grand, when there were talks that they could go bankrupt, look at that stock now trading close to 30 dollars, kicking myself for selling that at a loss $9.00 and paid 10.40 for it and that stock doesn't even remotely have the potential what this ticker has, this ticker will see triple dollars, there is a reason why Soros and BlackRock bought into the stock, not for chits and giggles, they know the potential.

I am telling you, you don't need luck with this, just requires patience, that is all you need, you sell, you blink, you lose. Bitcoin should be up over 25,000 by Tuesday next week, if it goes down buy more and if it goes up don't sell

Here is another story: I bought 180,000 shares of EO*G all in one day 20 minutes before close, after close I was down 8,000 dollars, I kept buying and buying big blocks, for no reason I was just buying and buying, the more I bought the more they dropped it, from 1.03 to 0.72, the bulk of my purchases were in the 90's, guess what happened the next day? Up premarket 400%, at that point I knew I had a problem in my hand trying to get rid of that many shares, sold everything with 250% profit, EO*G was up for no reason, no news, nothing, just luck but it continued to run to 8.00 dollars even after I sold in 3 months, I don't know what it is doing now and I don't care.