SVB Financial Group (SIVBQ)

[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.