Recent comments in /f/wallstreetbets

TheRealAlexLifeson t1_jecmw3t wrote

Reply to the sad reality behind those loss porn you like to see by jposemescouilles

My numbers didn't hit and I lost my brothers life savings in December. I stay at a property he owns bc I live check to check these days. He literally banned wsb with the Comcast Xfinity app , no way around it using wireless-cable. Paid mostly quarterly so now I'm back at the casino, everything can't go completely against me again, law of averages. I got my privileges back and I'm not thinking about yesterday.

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BlackSky2129 t1_jeclok4 wrote

Reply to comment by mattenthehat in We did it everyone. by TendiesForTheBoys

The bank failures that led to their insolvency was management and the rates. But the VCs, who alongside their founders own like 90% of the bank’s deposits, panicked and screamed fire started the run that led to the illiquidity rush.

In short, yes all of those regards are to blame for SVB specifically

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ClassyPenguin23 t1_jecln6q wrote

Reply to How bears feel rn by NeedThoseGains69

Closing out 60ish DTE calls tomorrow. Probably waiting til next week to hop back aboard the put train (or if/when $410 is reached). Lost enough on puts early in the week - doubling down hurt.

Might as well ride the wave up for now, even if I do think it’s insanity.

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Gotl0stinthesauce t1_jecl6bd wrote

Reply to How bears feel rn by NeedThoseGains69

Shhh bro, they’re all convinced that the US financial system is going to collapse because some shitty managed and over leveraged bank called SVB (and a few small other non SIBs) are the catalyst to it all 🤡🤡

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