This is all you needed to know to short SVB a month ago: https://twitter.com/WatcherGuru/status/1634246217226919937
Always Inverse Cramer
A SVB short seller explains red flags he saw months ago
11–20 of 186 posts
Re: A SVB short seller explains red flags he saw months ago
#12I couldn't find anywhere in the article where it gave an amount of the short position. Did this guy bet the farm on it? If so, he deserves praise (and the returns) for his insight. If, on the other hand, this was just one of dozens (or hundreds) of small short positions his fund invested in, then not so much. Anyone can bet small amounts all over the roulette table and then only tell their friends about the ones that…
It specifically says at the end they refuse to give the amount. Given the research involved, and a well known firm, I'm sure it wasn't pocket change.
They might have bet a million dollars on it, but if their normal short position is also around a million dollars, then I am not as impressed.
If they wanted to show everyone how smart they were, I expected a quote something like: "We were so confident in our analysis that we invested 10x our normal short position in it!"
Re: A SVB short seller explains red flags he saw months ago
#13My eyesight rapidly deteriorated once I reached the second paragraph.
Why?
Re: A SVB short seller explains red flags he saw months ago
#14Re: A SVB short seller explains red flags he saw months ago
#15This is all you needed to know to short SVB a month ago: https://twitter.com/WatcherGuru/status/1634246217226919937
this guy is not comprehensible. i do know who he is, but wow... how times have caught up to, maybe both of us i guess.
my brain can't even focus on that. from the drunk guy running the camera on an unbalanced gimbal, to the extreme wide angle lens that makes me think the producer of the show used to make music videos for MTV, to any of the other whacked out things that goes along with the guy that can't even utter a sentence without tripping over his own words before he barely takes half a breath. (this sentence was written in a toned down style of the host's on the show)
Re: A SVB short seller explains red flags he saw months ago
#16This is all you needed to know to short SVB a month ago: https://twitter.com/WatcherGuru/status/1634246217226919937
this guy is not comprehensible. i do know who he is, but wow... how times have caught up to, maybe both of us i guess.
My thoughts exactly. He needs to train on his enunciation.
Re: A SVB short seller explains red flags he saw months ago
#17This is all you needed to know to short SVB a month ago: https://twitter.com/WatcherGuru/status/1634246217226919937
At this point, I'd believe the conspiracy theory that Cramer saying something public is a secret signal to those in the know.
Re: A SVB short seller explains red flags he saw months ago
#18I couldn't find anywhere in the article where it gave an amount of the short position. Did this guy bet the farm on it? If so, he deserves praise (and the returns) for his insight. If, on the other hand, this was just one of dozens (or hundreds) of small short positions his fund invested in, then not so much. Anyone can bet small amounts all over the roulette table and then only tell their friends about the ones that…
Says the commenter in a community for a startup ecosystem where the big money throws a million bucks at a hundred different projects and hails themselves as genius world leaders when one of them doesn’t fail. And where publishing a detailed investment case to be criticised on later is not the norm.
Re: A SVB short seller explains red flags he saw months ago
#19[deleted]
Re: A SVB short seller explains red flags he saw months ago
#20TLDR:
Silicon Valley Bank (SVB), a lender and banker to the startup industry, was closed down by California financial regulators after a bank run triggered by its announcement that it was raising over $2 billion in capital through a share sale. SVB's downfall came as a result of a rapid change in liability composition, as interest rates rose and inflows of non-interest-bearing deposits at the bank fell below outflows. Non-interest-bearing deposits fell by $45 billion in 2022, forcing the bank to replace them with higher-cost liabilities, resulting in the bank being left with an empty bag and leaving the entire startup ecosystem frozen.