Esoteric14
commented on a stock · Dec 7, 2024 05:43
$Strategy (MSTR.US)$ this would be trading at 600+ already i...
$Strategy (MSTR.US)$this would be trading at 600+ already if saylor gave this some room to breathe, and now these days people applaud this when it goes up $10
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djmiller
:
Consider it an arbitrage play. You are buying MSTR cheaper on a price per BTC basis now than a couple weeks ago. When the BTC reserve is established then this will have a rally that will rip our faces off. This is the time to stack shares relatively cheaply. The qqq inclusion announcement next week could also send us higher. Additionally the extra transactions at this level decrease the risk of a blow off top by providing a strong support. We are still in an ascending channel.
Esoteric14
OPkwang007
:
Is that what it’s listed as or is it listed as a tech company? all of these people on the board are just pulling out reasons for their hope but not basing it on facts.
djmiller : Consider it an arbitrage play. You are buying MSTR cheaper on a price per BTC basis now than a couple weeks ago. When the BTC reserve is established then this will have a rally that will rip our faces off. This is the time to stack shares relatively cheaply. The qqq inclusion announcement next week could also send us higher. Additionally the extra transactions at this level decrease the risk of a blow off top by providing a strong support. We are still in an ascending channel.
RiskGame : Next year will be different. now he is doing ATM to collect as much btc as possible
kwang007 djmiller : If this company defined as financial it cannot join qqq
Esoteric14 OP kwang007 : Is that what it’s listed as or is it listed as a tech company? all of these people on the board are just pulling out reasons for their hope but not basing it on facts.