Jul. 31 at 5:31 AM
$SICP Absolutely. What Stilwell (and X-Cap) achieved (defeating Silvergate's former incompetent crooks and their counsels, successful fight for the court-ordered shareholder meeting in September 2024, (with our support) election of Mr Stilwell to Silvergate's BoD, saving Silvergate, saving Silvergate's multi-billion dollar assets, saving the company's common shareholders by having their interests fully reinstated, getting rid of all of Silvergate's former incompetent crooks on the Effective Date 03/31/2026, ..., the list is endless) is gigantic and unheard of in a chapter 11 case.
Will be interesting to see how this is going to play out for the crooked shorts. You can imagine my wishes for them.
Even though I already own a ton of Silvergate shares, I wish I could buy more at these low prices. I'm sure, many others would like to do the same.
Looking forward to hearing from reorganized Silvergate's new leadership soon and their plans for the company.