102514703
commented on a stock · Dec 10 06:57
$MicroStrategy (MSTR.US)$ Today's rise of 3.4%, tomorrow's d...
$MicroStrategy (MSTR.US)$ Today's rise of 3.4%, tomorrow's drop of about 7%, do you know that mstr is playing the volatility rather than bitcoin? Because the price of bitcoin is still around 97, while its price is getting lower and lower. It has sold stocks at a price of 23.1 billion within a week. Are you still paying for its fundamentals?
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TechWhiz : Take cover in msty for a few months n collect dividends.
Saylor is determined to keep hitting the atm to buy as much bitty as possible before US govt implement the strategic reserve buy.
Likely sideways movement or small upside till then even if qqq passive flows come in next week onwards .
But next few years mstr is a super buy. Don't regret not hodling this crazy horse.
Veteran Analyst : MSTR is a high-risk high-reward turbo-charged Bitcoin play. This is a rare-find for skilled traders to generate tremendous returns, and for novice investors to gain exposure if they are familiar with option pricings. There is no direct fundamental corelation to share price, so there is no need to get hung up on valuation or earnings. Manage your capital position, watch technical, and focus on the vol. Of course, for BTC believers with higher risk tolerance, it is not bad to have people like Saylor to manage the financial engineering aspect of the stock and carry on advocating for Bitcoin. This is not a "stock", this is a leveraged BTC derivative play. For seasoned traders only, please.