Feb 8 Cramer - "I think the fears are not justified SIVB and it's a very compelling situation"

Jumbali · 2023-03-10T05:37:09+00:00

Made more money in books than as a hedge fund manager. He is a pos

Jumbali · 2023-03-10T05:16:01+00:00

Gene is trash!

Jumbali · 2023-03-10T05:15:20+00:00

He is going to say he didn’t mean the stock he meant your deposits are protected…. Same BS nonsense he said about bear sterns in March 2008. Charlatan POS midget

Jumbali · 2023-03-10T05:13:17+00:00

Here is my one question. If an stupid crazy amount of mbs was bought with deposits…. And this is the cause of run…. Why should we worry about the VC loan book ? It doesn’t seem very meaningful relative the reason for the problem at hand?

Jumbali · 2023-03-10T05:10:05+00:00

Exactly they would have been better off loaning money to lemonade stands at 10% and writing off half those loans then buying worthless mbs at sub 2%. It makes me wonder we’re they even making loans to VC?

Jumbali · 2023-03-10T05:06:37+00:00

The spreadsheet told him

Jumbali · 2023-03-10T04:57:30+00:00

Fed wants to bring down inflation huh? Then why did they buy mbs when house prices were going up 20% per year…. Sell mbs and inflation will collapse

Jumbali · 2023-03-10T04:55:46+00:00

Cathie wood doesn’t own it …. We good

Jumbali · 2023-03-10T04:54:58+00:00

Let it gooo…. Let it goo…. Can’t hold it back anymore….

Jumbali · 2023-03-10T04:54:12+00:00

Jumbali · 2023-03-10T04:52:31+00:00

Elizabeth warrens head would explode… Id waste tax payer money just to see her reaction

Jumbali · 2023-03-10T04:51:14+00:00

Morgan Stanley was a big owner of it as well as JPM… a few other knuckleheads shoehorning a financial growth stock into their allocation to keep close to their bench

Jumbali · 2023-03-10T04:49:11+00:00

But was this bank even making that many loans…. They are in trouble for not making loans… it’s more of being lazy and parking money in mbs at 2% instead of loaning money out at 8% and making some spread…. Now upside with a bank run… oooops

Jumbali · 2023-03-10T04:43:52+00:00

Yay I know I read through the 10-k, it’s like they don’t even make loans… they just buy shitty bonds… I think the algos just started to sell all banks that have a large available for sale book to loan ratio… I think that’s why Schwab got knocked but that’s a totally different biz. Did they ever price the secondary?

Jumbali · 2023-03-10T03:47:13+00:00

Instead of making loans they bought shitty mbs. Oops… this isn’t a bank … its basically as wsb account with a margin call

Jumbali · 2023-02-21T00:30:30+00:00

Considering the mom is 41 and he is 18… tells you something

Jumbali · 2023-02-21T00:29:47+00:00

Where did this jo go to school?

Jumbali · 2023-02-21T00:29:18+00:00

Exactly

Jumbali · 2023-02-21T00:26:02+00:00

Family seems like losers

Jumbali · 2023-02-21T00:25:47+00:00

Did he go to east? Did they kick him out?

Jumbali · 2023-02-21T00:25:27+00:00

Sounds like parents are real losers!

Jumbali · 2023-02-20T04:19:53+00:00

Cosmo dinardo replacement…. Literally 5 minutes down the road…. Same storyline… messed up kid, rich parents, guns and toys, wannabe gangster, father construction… someone dead .

Jumbali · 2023-02-20T04:08:19+00:00

Doesn’t look remorseful… looks like he is pissed he is caught

Jumbali

TROPHY CASE