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What I'm watching... 👀

Priced in gold, the last time MSTR was as oversold (in RSI terms) on the weekly charts as it is today was during the deep valley of the flash Covid recession in March of 2020 (see vertical green lines).

At that harrowing time, MSTR reached as low as $9 per share.

For a long-term investor, this may be a proverbial "blood in the streets" moment for MSTR shareholders.

Not investment advice... but interesting to note.

Thoughts?
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Knightstr 1mo ago

Giving my money to somebody who’s going to take on a bunch of leverage, fractional reserve the thing he’s giving me in exchange and use the proceeds to stack bitcoin, who I then have to trust to custody it properly

Or

Stack the bitcoin myself and let you MSTR buyers help saylor pump my position, while trusting only myself in the process

Gee I wonder which is better 🙄

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