Guys heads up, I’ve been waiting all day for someone to post this, this may be a moment much worse than Lehman.
Your going to hear a ton of new info this weekend, do some research and post
https://www.cnbc.com/2023/03/10/roku-says-26percent-cash-reserves-stuck-in-silicon-valley-bank.htmlhttps://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html
- CEO,CFO, and CMO sold over 400 million in stock the last two weeks
- ROKU has 500 million they’ll lose
- 5 other banks stopped stock trading
- Eric Stawell says the 250k limit must be exceeded, seems China has major money in SVB
- Many processors go though this bank and checks are bouncing, as well as vendor’s not being paid
- Typically these events happen on Friday but at the end of day, they couldn’t wait they took receiver ship early morning.
Your going to hear a ton of new info this weekend, do some research and post
https://www.cnbc.com/2023/03/10/roku-says-26percent-cash-reserves-stuck-in-silicon-valley-bank.htmlhttps://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html
- CEO,CFO, and CMO sold over 400 million in stock the last two weeks
- ROKU has 500 million they’ll lose
- 5 other banks stopped stock trading
- Eric Stawell says the 250k limit must be exceeded, seems China has major money in SVB
- Many processors go though this bank and checks are bouncing, as well as vendor’s not being paid
- Typically these events happen on Friday but at the end of day, they couldn’t wait they took receiver ship early morning.