How I wish I can buy one of Saylor's convertible equity even at 0% interest . Priced forward at $672 due in 2029, this is a no lose deal. Mstr offers to buy back in cash if the conversion price is not reached. On the other hand, if the price is well in the money, say $1000 share price or more in 2029 , the holder just need to short the top price knowing he will buy back at 672. It's like knowing the exam answers before you see the paper. Lol. And holder can keep repeating with future convertible sales. No wonder all convertible debt gets over subscribed. And everyone wins.
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Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
103809945 : plebs like us get rekt by institutions while they win all the time
stock sniperr OP 103809945 : Not true. We plebs benefit big time too
103809945 stock sniperr OP : not wrong - longed since 155 and have been taking profits all the way up
103809945 stock sniperr OP : institutional grade FOMO