I dont know that it has anything to do with us. I mean I really dont think we have anything to do with SVB. BUT...the industry and circles we would be moving in does and just by association, potentially alot of tech values are going to drop on assumption, suspicion, account and cashflow ties and plain old guilty by association.
Maybe a chance to pick up some cheap strays if your conviction is strong and LT. It might be a good chance. I wouldn't be surprised if we take a harder than usual short term drop on the back of SVB collapse. Not hoping for that at all BTW. I didnt have any plans to increase my own holdings otherwise. Id much rather we didnt get affected.
AXE Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)