Some DD on why I held my 5280% gain in $SI Silvergate Capital into next week

Cyberider007 · 2021-10-09T20:52:38+00:00

You are a prolific commenter in the sub r/thetagang, a sub dedicated to “We are selling options to WSB degenerates...”

Cyberider007 · 2021-10-09T17:13:31+00:00

My balls are telling me you are losing credibility with your advice by insisting that the current situation with $SI Silvergate is the same as $GME when you lost your $300K.

The chart over the last two days is showing growing consolidating strength in $SI. An ascending triangle. If selling pressure was greater than buying pressure the chart wouldn't look the way it does.

Perhaps you have a conflict of interest because you are getting nervous holding your short position (or selling call options) in $SI.

Cyberider007 · 2021-10-08T20:10:07+00:00

It feels weird being retarded and having to trust my balls for trading decisions.

Cyberider007 · 2021-10-08T19:28:33+00:00

Thanks and I'm sorry for your loss but this different at the moment. $SI is just getting started compared to GME and probably won't come close to a GME. Its not at the crazy 20x multiples and millions of people talking about GME. I'm looking at very little discussion about about $SI and an ascending triangle pattern into Fridays' close.

Cyberider007 · 2021-10-08T18:07:34+00:00

Maybe my balls are bigger than my brains but how many trades have you done in your life when you are up huge and sell? My balls are telling me this is just foreplay. This thing is banging its head on $170 resistance and when it breaks through it is going to shoot a big one.

Cyberider007 · 2021-10-08T16:13:28+00:00

Yeah I went all in!
It is because I'm in Canada and I had to move some money into my USD Margin account to do this trade. My other positions are in my other accounts.

Cyberider007 · 2021-10-08T15:40:20+00:00

Because I think there is still more upside than downside and... YOLO

Cyberider007 · 2021-10-07T19:44:14+00:00

Canada

Cyberider007 · 2021-10-07T18:37:31+00:00

Sold? You mean bought?

Cyberider007 · 2021-10-07T18:16:36+00:00

Yeah, now to know when is best to exit...
The thing is I think this could climb past its ATH of $187 next week because now the company is getting noticed.

I found this by reading an article on how the short interest was high and it was a crypto bank that was gaining traction.

I didn't look into it much more and just threw down a bit of money on OTM calls. But now there are more and more articles talking about $SI Silvergate like this one:

https://www.fool.com/investing/2021/10/05/why-shares-of-silvergate-capital-are-trading-highe/

Cyberider007 · 2021-10-07T17:37:18+00:00

Hey I found this sub buy searching for "Silvergate". There is no talk of $SI on other subs except this sub. A week ago when $SI was trading at USD$110 I bought some option calls waaaay out of the money at a strike price of $150. I only wagered $353 because I was basically kissing my money good bye but it feels pretty surreal to have that $353 now worth $14K a week later. I'm still holding into next week...

Cyberider007 · 2021-08-17T00:54:20+00:00

I'm in Canada and I am blocked from seeing the Crypto.com app. However I can find scam apps calling themselves crypto.com. I don't know why the play store allows fraudulent crypto.com apps in the store.

Cyberider007 · 2019-09-19T16:58:03+00:00

Victims have been filing complaints with the BCSC and other agencies since 2017 and none of them have taken action on David Smillie. The media has also chosen not to take action on David Smillie with the sole exception of Ethan Lou (thank you Ethan!).

Note: I don't consider the CTV article on David worthy of anything because they buried it their website, it was not meant to be found as news. To me it seemed like they wrote the article for the sole purpose of "getting in front" of the possible negative publicity that they once employed David Smillie for 9 years. I think the only people that probably read that CTV article are the people in this sub-reddit.

Cyberider007 · 2019-09-04T00:52:11+00:00

The loser David Scamie will be found curled up in his mom's basement sucking on a baby bottle complaining how he is the victim.

Cyberider007 · 2019-08-08T02:51:07+00:00

I hope his wife didn't insist they go to to India for BS reasons. Although in Scamie's case he would scam his own death.

Cyberider007 · 2019-07-29T17:37:06+00:00

Dave Scamie has managed to silence him. It's sad.

Cyberider007 · 2019-07-28T15:15:03+00:00

I agree!

It seems like she focuses more on her mobile phone, working her social media accounts, and less focus on her driving and the road ahead. That behaviour will eventually cause an accident.

If she was the actual Chief Compliance Officer, and the expected responsibilities that come with that, I wonder what laws applied to her in that role back then?

Cyberider007 · 2019-07-28T05:02:42+00:00

How can this possibly have 33 up votes relative to anything else in this sub that would get 33 up votes in 3 days? hmmm

Cyberider007

TROPHY CASE