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SVB Financial Group Message Board

  • GenJackripper GenJackripper Feb 1, 2005 7:04 PM Flag

    Headin' for a new 52-week high?

    Following last Thursday's (1/27/05's) earnings release, post the market's close, Friday's market action followed by yesterday's and today's sessions' continuation of same, have pointed to SIVB's having its sights set on resuming its quest for new 52-week highs.

    Today's i-d h of 45.03 is just -0.51% shy of achieving that goal.

    SIVB has, however, left in its wake last Friday, a 35� gap-up between last Thursday's i-d h of 41.90 and Friday's i-d l of 42.25.

    Whether it tidies up before going on to bigger & better things or sets a new high or highs and does its chores later, the General can't say.

    But "tidy up" it will.

108.60+1.66(+1.55%)May 27 4:00 PMEDT