MSTR Just an FYI that I think MSTR will continue to lag behind the rest of the BITCOIN Sector even as BTC makes new ATH’s over the coming months. Time to zero in on the next big thing. Had Saylor turned around and announced that they would invest $1B into an Ai cloud Data Centres for mining BITCOIN or were to Buy outright another Miner such as HUT, MARA, or RIOT, the price would jump 30% over night and proceed to double but Saylor is a little Short Sighted now as to how to Grow the company past simply managing a ton of BTC for Equity Banking type of projects such as his dividend paying Equity Funds, STRC, STRF, STRD, and STRK the $ of which he received for these was used to Buy BTC and backs these as stable investments for a new Crypto Equity Class of investment for investors that prefer something much more stable. Too bad as there is now little opportunity to invest here. Without a clear path to grow profitability beyond just buying BTC their price will simply fluctuate mimicking BTC.
MSTR OK, I stepped back and look a look at the daily, (finally had some time) And since the $290 level (which I called-- a week before it supported), MSTR is up about 20% on BTC's 11%, so I will take it. We have had too many unexplained MSTR false breakouts on every stinking BTC ATH since May 12. Hence, my skepticism. I hope this holds. The yellow highlighter shows where all the stochastics lined right the F up. (NOT an endorsement to buy, but maybe time to set some SLs if you are in the money now? I am not, yet)
Booked a noice 19% on ETHU in just two days using this technique, hope to book some SOLT around 40%, tomorrow, maybe.
MSTR case in point for "is the infinite money glitch back?" welp. MSTR is flat on the day, boosted up from yesterday by pre-market, but now, writing a very skinny green doji candle that is not at all bullish. Meanwhile, BTC, SOL and ETH are running hard today, like, REAL HARD. What are the Saylor bull's arguments for why MSTR has barely followed? It used to lead volatility and price action. Again, only one of you has acknowledged looking back at May 12 and telling me what happened.
I sold half the $20 MSTX calls this morning when MSTX was at $25.33 share. I posted earlier that I cut the puts loose when the stock pushed through $325. If you need help figuring the profit, try either Google or my 7th grade niece.
MSTR Wow, the fanbois are out in force today. Just because I'm not on my knees blowing Saylor all day (like so many here love to do) doesn't mean I don't enjoy trading this stock. I'm long calls right now and sold about half this morning for a tidy sum.
Instead of worrying about me, you should be wondering why when BTC busted through $120k earlier MSTR couldn't even get back to it's high for the day. Somebody has been liquidating today into the strength. Or maybe it was Saylor hitting the ATM button with one hand while he was holding your manbun with the other.