Silicon Valley Bank collapsed.
Yet look at this.
Wall Street Analysts were highly recommending to buy the stock.
Of 19 recommendations since Jan, 13 were buys, 6 were holds.
Only on March 10th, as the bank collapsed, did two analysts say to "sell" the bank.
Unusual pic.twitter.com/GXPScKEmku
— unusual_whales (@unusual_whales) March 18, 2023
Wait until the media starts reporting on all the major pension funds and other banks holding Credit Suisse's worthless CLO products and how Moody's upgraded them months earlier. https://t.co/7JtaxX8wWR
— Financelot (@FinanceLancelot) March 18, 2023
Flashback: Credit Suisse passed stress test 9 months ago.
I guess those “stress tests” were all just part of the show. pic.twitter.com/5onZi83S4p
— Wall Street Mav (@WallStreetMav) March 19, 2023