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$Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ not sure ...
$Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ not sure if i should laugh or cry at price skyrocketing while i await 1-3 day dividend payout timeframe from Jan 6. I have updated settings to automatically reinvest dividend in hope that speeds it up.
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Robotics Engineer. Long Microstrategy. MSTX in uptrends for max gains. Single stock trader watching bitcoin hawkishly.
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HMS Victorious OP : just got paid dividend (moomoo AUS) - got hit with a $2.164 per share withholding tax. bought MSTX shares @ $50 per share. could be worse i guess. relieved actually. i sold (trailing stop) and bought back all my MSTX shares at cheaper price @ $55 automatically on day in question. could have easily worked out badly. All up resulted in net gain of 16% in shares held (albeit at slightly lower price).
stock sniperr HMS Victorious OP : Hodl mstr forever
HMS Victorious OP stock sniperr : as soon as we get close to all time high again (hopefully this month) i will sell and buy MSTR. at lesst we all know what can happen with MSTX now. my guess is the dividend was a last ditch attempt to save some seed capital and keep us engaged in the event that BTC dropped a lot further. wasnt required in the end (i hope) but admirable approach i think.
Kinni420 HMS Victorious OP : Same I paid 15% withholding tax.