Silvergate (SI) experienced an abysmal day of trading Thursday after announcing on Wednesday that its annual report is going to be delayed further than expected - after already announcing they’ll miss the deadline of March 16. The bank has had as brutal a year as one can imagine, with shares falling an astounding 96% [...]
Interactive Brokers (NASDAQ:IBKR) is a highly automated global broker that offers low-cost seamless access to multiple asset (stocks, options, futures, forex, commodities, bonds, crypto, mutual funds and ETFs) to its two million client accounts composed of individuals, institutions, introducing brokers, and financial advisors. The firm operates in over 150 market centers in 33 countries [...]
When we last wrote about SoFi, the stock was rated a sell with poor safety and timing. Insiders at the company were purchasing up shares despite what looked to be a tumultuous time at the company. But since then, SoFi has gained over 53% - and looks to have a solid trend with momentum [...]
The fourth quarter of the year was strong for JP Morgan Chase & Co. (JPM). The company exceeded analyst expectations, and even beat out its own performance in the 4th quarter last year - despite unfavorable economic conditions. The quarterly earnings came in at $3.57/share, exceeding the anticipated earnings of just $3.11/share. This was [...]
Recently, SoFi CEO Anthony Noto purchased 1.1 million company shares for a total purchase price of $5 million. Seeing as the stock sits at its lowest point since going public, investors are wondering if he knows something we don’t - or if this is merely a desperate attempt to turn things around. One thing [...]
NerdWallet reported an impressive third quarter showing growth in revenue, EPS, and other key metrics. As a result, analysts have moved their price targets for the stock up - and investors have gotten on board as well. Hype after this news has sent the stock up 36% so far this morning. And by the [...]
