nicktussing77

MSTR down before the moon?

NASDAQ:MSTR   MICROSTRATEGY
MSTR is starting to get my attention after all these big drops, imo these prices are a steal, but can it go lower before heading up??

I'm thinking 714. 05 might be my entry point to 869 maybe even 949
Comment: Looking good today, I imagine we could see a retrace under $730, I'm looking for next buy there!
Comment: Didn't quite make it to 730, but Looking for next buy under 798! Overall, looking great for this bounce back. Be careful around the 850 mark!!

Comments

To the moon ?

If BTC < 25k, MSTR = 0
+1 Reply
@Roger779, do they pay you to hate this stock or did you just get burnt before, lol?? Again, there is money to made in all directions. Enjoy the tendies, bro!!
Reply
Roger779 nicktussing77
@nicktussing77,

Just facts:

1. Saylor is a fraudster, sanctioned by SEC.

2. MSTR trades at a premium to its BTC holdings.

3. Significant regulatory & corporate governance risks.

I advised to SELL the stock on Feb 14, 2021.
MSTR was above USD 1000.

Reiterate target: USD 500
Reply
Today you could buy it well below 714...

Asymmetric payoff: downside risk remains higher than upside.

MSTR is a listed vehicle, subject to US GAAP and SEC supervisory.
Bitcoin not suited as PRIMARY treasury asset reserve for a PUBLIC company.

Stay away from this toxic stock.
+1 Reply
@Roger779, Agree, BTC definitely has a risk attached, but I'm very bullish on BTC and MSTR over the next few months. However, I'm also very interested in looking at the short opinion, as there is a ton of money to made off the fluctuations of MSTR and BTC. Winning in both directions is better than only winning in one.
Reply
@Roger779, Please post a link to what the SEC allows as primary treasury asset for a public company
+1 Reply
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