SVB fine - restructure and most cash still there Those of you following - SVB is fine have a read on how they screwed up - it didnt "crash" the stock price did but the assets are still there - they got "protected" temp to restructure their assets.
Powells fault, not theirs, well they chose a bad asset to put their surplus cash in - but noboady modelled for these interest rate levels.
The "other bank" is a Crypto Bank - and if you buy cryptos, you may as well wire your cash to me don't just waste it lol.
Buy oil producers, with strong balance sheets, huge FCF, huge tax credits for seven years, 99 years of oil in the ground...buying back their stock 10% a year till they are private in a few years...
Pretty safe bet and huge SP upside on ATH?
What are you thoughts out there please? Anything else remotely like this in oil producers with this little risk and this much upside?
Please advise - but dont tout your stocks here on ATH lol