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Jim Cramer Said BUY one month before it went to $0 - Silicon Valley Bank Collapse
Silicon Valley Bank collapse news. Jim Cramer said buy SIVB stock right before the collapse. The Collapse of Sillicon Valley Bank took only 48hrs after the bank run began. Once bank clients heard rumors of the bank having issues they ran to the bank and withdrew their capital. This was cause due to SVB lending to risking startups causing them to default on withdrawal requests. CNBC host Jim Cramer was recommending SIVB stock as a buy less than 2 months before the failure.
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*** These videos are for entertainment purposes only, & are not a recommendation to buy or sell! Remember, i am way too stupid to be a financial advisor!
#SilliconValleyBank #SIVBstock #JimCramer
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