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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (72504)3/9/2023 4:51:38 PM
From: Ccube  Read Replies (3) of 78918
 
So what do you guys think of SIVB ….it’s down 60% in one day. Worth the gamble?
According to the news they lost 2billion on MBS and other securities …..
Looks like they are trying to stop a run on the bank. But if these guys were only paying .05% in savings and checking why wouldn’t people move their money to other banks offering 4% like Morgan Stanley etc…
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