
Strategy Inc Shs A Cert Deposito Arg Repr 0.05 Sh A forum

You're welcome.
But at the time, googling around and trying to find out what, of maybe 4-8 things happened around May 12, was not as easy in May, as it is today, since NOW there's dozens of reports on the dilution and months later, reports on Saylor breaking his ATM nMAV word, in the internet-o-sphere.
to be honest, I hate listening to Saylor talk. His voice irritates me, and I can smell a BS artist from a mile away. So I can't really glean anything valuable when I try to listen. I guess I should try reading transcripts, the next day.
So here's my rant:
thelogman said it. Bag-holding MSTY Doth Bloweth Greatly. I used to be able to nimbly get in, get off and get out, like a thief, capturing HUGE dividends and then de-risk ALL my capital, just by using Global Liquidity narrative, and an array of short, medium and longer Stochastic momentum indicators. This is a plan that, for any other covered call ETF, should be close to impossible, but the insane volatility gave me huge, comfortable in and out windows. I even got burned a few times, selling at a slight loss, only to be made miserable when it shot up like a roman candle the next day, conditioning me to just try to HODL and trust Saylor. Now, if MSTR would just go up and STAY up for awhile, I could even have set some SL on each tax lot and protect them from above, with zero loss, and only selling if they started to plunge from a higher share price and momentum looked bad. But not now, because all MSTR has done IS plunge after each MSTY buy. Before, I depended on MSTR to track like BTC x2, and follow Global Liquidity which has been a steady escalator ride up for months. BTC did follow, MSTR did not. Sucks for me.
I also think ginnovinc might be on to something with share price manipulation coming right from the top, to make share buyback look better on paper, but I think that MSTR price is a lot closer to $215. It remains to be seen. No one needs to be correct today, we can all set reminders for Sept 17 and also, EOY to see who's clock was telling the right time.
The 15min is showing a great buying opportunity, but as you're already realizing, the market might trap bears and bulls today until the inflation data comes out tomorrow.
So far, the market has tanked all news that would've brought prices down since MM are expecting lower rates on next week's FOMC.
Roll the dice

Contrary to popular belief, Michael Saylor only "owns" around 6.5% of MSTR. But most of that is Class B shares, which have 10x the voting power of Class A shares (that everyone else owns). Therefore, he holds around 43% of the voting power of all shareholders, effectively giving him control of the company. That makes him appear smart, and if control is what he wants, then mission accomplished.
However, dig a little deeper and you realize there might be another motive. While Class B shares hold 10x voting power, they still have the same value as Class A shares. Meaning when the stock goes up, so do his B shares. When it goes down, he takes the hit too.
Back in 2000, when the stock crashed 99.8%, so did his wealth. In a single day, the stock lost more than 60%, which was a $7 billion haircut for ole' Laser Eyes. That stood as a record for a long time, giving him the notorious distinction of the CEO who had it all and nearly lost it all due to shady accounting tricks.
Fast-forward 25 years, and after many failed attempts to get the stock back to where it was, he has finally accomplished that goal. But if BTC crashes, he could lose it all again if MSTR falls off a cliff.
The solution? Create a new class of preferred shares that trade independent of MSTR and hold bond-like financial priority in case of liquidation. Behold, the STRx series of preferreds.
You'll note that many insiders have been selling their common shares and buying the preferred stock—including Saylor. You think those guys know something everyone else is missing?
To me, insiders selling their common shares and buying dividend-paying preferreds, with first-in-line equity priority, is a "Break Glass in Case of Emergency" sign that all is not well at team HQ. The preferreds they are buying have a guaranteed floor of $100 per share in liquidation (which is more than most have paid for their shares). So they are not risking their wealth along with the shareholders. They will get cashed out first. Everyone else, meanwhile, would relive 2000 again.
And that is why I openly call Saylor a snake and a charlatan. He is making sure his wealth is protected this time no matter the outcome, while risking shareholders' wealth with continued high-risk leverage, huge dividend commitments, and market-flooding dilution.