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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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pak73
To: marcher who wrote (171855)5/17/2021 12:10:18 AM
From: sense1 Recommendation   of 217764
 
Think I pointed out here once before...

That the known in Microstrategy's cost basis and financing... creates an obvious target that is the sort of thing that Wall Street routinely manages to address... anytime some one posts "low hanging fruit" as an inducement to market misbehavior... for which it is known there will be no consequences.

I've been fully expecting to see Bitcoin retrace to that level below which MSTR is made not viable... as noted.

As and when the MSTR shorts pay off... there will also be a fire sale in Bitcoin as MSTR is liquidated...

Once that harvesting is completed... odds are good that Musk will suddenly decide that the "price correction" has properly discounted for his criticisms... and he will reverse field in his opinion... after having loaded up at the market lows. If better judgement prevails... he'll simply stop talking about it.

Do that in bashing stocks... and they'll pretend they might try to put you in jail... although everyone knows they won't...

Do that in crypto... and no one will say a damn thing... because its a trade that's not really regulated ?

What was MSTR's cost basis... and financing cost ?

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