The Silvergate Capital Corporation (NYSE: SI) issue has prompted the Federal Reserve to send FDIC officials. Here are the details. They’re looking for a way to save the business. After the company delayed its annual report filing last week, investors lost considerable confidence. Share prices gapped down and fell 43%. The future of SI is unclear at the moment. But there’s a lot of attention on the stock. There’s a possibility it sets up for a quality trade opportunity if we get some bullish news. Keep an eye on it. Here’s a chart thus far … |
