Im trading these but I certainly wouldn’t buy and hold them.
Discussion
I got some CEP so I can watch it when it goes to xxi, just to see. I rejigger my account every couple months or so but can't day-trade it. I'm worried metaplanet is a little over bough right now since its so frothy
I’m keeping it simple.
$MSTR and OTM leeps as far out as possible.
Options aren't an option, lol but I do have some MSTR, ill probably liquidate when it starts getting frothy, but it's served me well so far.
MSTR is going over 1000 in August when they report earnings.
That’s a hell of a price target!!
If you dig into their financials, you’ll find that the expected earnings are based on FASB accounting rules and if BTC closes above 97k on June 21st, instead of losing ~$18share (paper loss) they will show a truly massive earnings beat. Most of WallStreet is completely asleep at the wheel until this happens.
Mstr has also qualified for SP500 inclusion for 300 days straight.
Expect fireworks.
And No I don’t recommend using the levered ETF’s like MSTU/MSTX though I understand why people do it.
If Im wrong, I’ll own it but Im balls deep in this thesis since last July and it’s finally playing out.
🧡👊🏻🍻
I'm here for it. Ive got a decent allocation myself, let's see what happens brother, that makes sense to me! I've had the same thought on the FASB rules issue and hoping it will matter to the degens on wall street and well see what you say.
There’s a sucker born every minute.