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MSTR’s Wild Ride: A 31% Plunge from Highs Amid Citron Short Call
$Strategy (MSTR.US)$ experienced extreme volatility, plunging over 30% intraday from record highs into a technical bear market in just an hour. Citron Research argued that MSTR has effectively turned itself into a Bitcoin investment fund, acknowledging CEO Michael Saylor’s leadership but cautioning against the stock’s overvaluation.
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Snow_Koala : What's with all the overreaction... When BTC goes up to 200k, 500k, 1 million, he will realize that shorting now is a foolish thing to do.
151154561 Snow_Koala : bitcoin didn't rise 500% this year
Wall Street Raider : Like to thank Mr Citron for giving me 2nd chance to enter.
Snow_Koala 151154561 : BTC companies or mining stocks generally have large premium