Stockchase Opinions

Shane Obata Siemens SI-N COMMENT Feb 12, 2021

An engineering business. They are all over the world in many areas. Siemens Energy, which was spun out last fall, would be where he would look at. It gives you exposure to clean power, since it is well positioned in off-shore and on-shore wind energy, as well as gas.
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COMMENT

He wants to see what Coinbase says tomorrow. SI is a good company with very smart managers.

WATCH
This soCal bank was the first mover in cryptos. Now, they have a 24/7 payments platform where customers can transfer real currencies and crptos. They even offer USD loans backed by Bitcoin. They just bought crypto technology, unusual for any bank. Stocks have surged from March 2020's single digits to $107 today. It hit $200 last November. An intriguing story.
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TOP PICK
Silvergate Capital Corporation is a registered bank holding company for Silvergate Bank, headquartered in La Jolla, California. Silvergate Bank is a commercial bank that opened in 1988, has been profitable for 22 consecutive years, and has focused its strategy on creating the banking platform for innovators, especially in the digital currency industry, and developing product and service solutions addressing the needs of entrepreneurs. The Company's assets consist primarily of its investment in the Bank and the Company's primary activities are conducted through the Bank. Social media mentions are up 133% in the past 24h.
DON'T BUY
A key player in cryptos, but has many problems. Share have crashed with the entire sector, losing 76% of value. Sam Bankman-Fried had accounts here so there's reputational risk; hit with one class-action lawsuit and more may come; just released a 68% decline in deposits; they have lost 10x the money they made in their best year; and so on.