Domain: tiger-web1.srvr.media3.us Anyone buying MicroStrategy Inc (MSTR)? | Page 14 | Money Talk
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re: Anyone buying MicroStrategy Inc (MSTR)?

Posted on 11/19/24 at 1:52 pm to
Posted by LSUSLU106
Member since Mar 2015
715 posts
Posted on 11/19/24 at 1:52 pm to
Once again this is only the beginning for MSTR if BTC does what Saylor believes. If Saylor is right about BTC this thing will 10x or beyond
Posted by bayoubengals88
LA
Member since Sep 2007
23767 posts
Posted on 11/19/24 at 2:00 pm to
quote:

Once again this is only the beginning for MSTR if BTC does what Saylor believes. If Saylor is right about BTC this thing will 10x or beyond

I'm in for 6.5 shares at $411 today, and now we're at $443. Just crazy.
13 million BTC here we come.
This post was edited on 11/19/24 at 2:50 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82144 posts
Posted on 11/19/24 at 3:19 pm to


Posted by sonoma8
Member since Oct 2006
8118 posts
Posted on 11/19/24 at 4:03 pm to
How long are you holding that for thats impressive
Posted by SeymourButts
Member since May 2018
113 posts
Posted on 11/19/24 at 6:26 pm to
I’ve watched your video and I’ve also sat through multiple earnings calls of mstr and studied their balance sheets. You’re wrong. Many companies use equity offerings and convertible bonds to raise money to operate their businesses. Currently Mstr has 30b of assets to their 4.5b of convertible debt(all in the money btw and will be off their books by 2032) and they can easily service their interest payments with their Bi business. Interest rates are .8% blended, less than 1 percent, and they got rid of their biggest cash killer in August this year. Demand is high right now so of course they will capitalize on the opportunity to issue more shares and debt to keep buying more btc for their balance sheet, why wouldn’t they if they believe in btc long term. If you’re not a btc guy then yeah Mstr isn’t for you. But the Ponzi scheme FUD is simply not true. They don’t need to issue any more shares or debt to service what they currently have. Compare it to other companies across the sp500 they are hardly overleveraged and they trade at a 3x mNav. Other tech companies trade at 20,30,50,100x their earnings. Try again
This post was edited on 11/19/24 at 6:27 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82144 posts
Posted on 11/19/24 at 7:51 pm to
quote:

How long are you holding that for thats impressive

Purchased the shares back in 2020. Purchased the calls in March 2023.
Posted by bayoubengals88
LA
Member since Sep 2007
23767 posts
Posted on 11/19/24 at 7:53 pm to
quote:

Purchased the shares back in 2020.
Smart man. Lots of nerve, patience, and resolve.

How did you happen upon it?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82144 posts
Posted on 11/19/24 at 8:05 pm to
Saylor was the first to announce a bitcoin reserve strategy in August 2020 and I was/am big into the bitcoin world. I started buying pretty heavily in my/my wife's ROTH IRA and HSA around when this thread was first started. Then added a good bit to my individual trading account in 2022 during the big crypto crash.
Posted by slackster
Houston
Member since Mar 2009
91484 posts
Posted on 11/19/24 at 8:13 pm to
quote:

TigerTatorTots


Congrats on your trades. You know I’ve been on your side even if we disagree with the fundamentals.

That being said, I’d think long and hard about how much you let taxes sway your decisions. Long term gains treatment on something that swings 10-15% per day is probably irrelevant.

Good luck brother.
Posted by slackster
Houston
Member since Mar 2009
91484 posts
Posted on 11/19/24 at 8:16 pm to
quote:

Once again this is only the beginning for MSTR if BTC does what Saylor believes. If Saylor is right about BTC this thing will 10x or beyond


This is a brick in the long road of BTC massive swings.

Don’t fool yourself into thinking volatility is going anywhere any time soon, and if that’s the case, MSTR sub $100 is likely in the cards.

ETA - MSTR is probably going to $1000, but $100 is probably even more likely before then. Invest appropriately. Buying at a premium is insane to me given its track record.
This post was edited on 11/19/24 at 8:18 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82144 posts
Posted on 11/19/24 at 8:21 pm to
quote:

That being said, I’d think long and hard about how much you let taxes sway your decisions. Long term gains treatment on something that swings 10-15% per day is probably irrelevant.

Yea I really do want to skim some of these options, but I already sold a good bit earlier in the year and am butting right up against some tax credit caps for the year. Thinking long and hard if locking in the profits is worth forgoing these tax credits. Everything MSTR related is in LT cap gain territory
This post was edited on 11/19/24 at 8:22 pm
Posted by slackster
Houston
Member since Mar 2009
91484 posts
Posted on 11/19/24 at 8:24 pm to
shite I realize you posted earlier the calls were over 18 months ago.

What kind of tax credits are on the table here?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82144 posts
Posted on 11/19/24 at 8:38 pm to


This post was edited on 11/19/24 at 9:41 pm
Posted by slackster
Houston
Member since Mar 2009
91484 posts
Posted on 11/19/24 at 8:41 pm to
Gotcha. Yeah I’d suggest just doing the math man. You’re probably a daily fluctuation away from those credits evaporating in account value

These premiums are kinda crazy. Well outside the norm.
This post was edited on 11/19/24 at 8:46 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82144 posts
Posted on 11/19/24 at 9:01 pm to
Yea the credits are small potatoes when comparing to the daily fluctuations. Hell just a tiny little trim would be in another ballpark than what I'd lose in the credits. Still pains me to make the decision of "throwing them away" when that decision could very well be the wrong one if this does continue upwards into January. I already know I'm going to blow wayyyy past those caps in 2025 from profit taking in the MSTR/BTC miner stocks. Was just trying to maybe hold out until January 1
This post was edited on 11/19/24 at 9:04 pm
Posted by METAL
Member since Nov 2020
1626 posts
Posted on 11/20/24 at 7:07 am to
Can you just roll up the calls to a higher strike?
Posted by castorinho
13623 posts
Member since Nov 2010
87094 posts
Posted on 11/20/24 at 7:12 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
38433 posts
Posted on 11/20/24 at 7:28 am to
And we are pumping pre market.

Jesus this ride is wild.
Posted by Granola
Member since Jan 2024
1926 posts
Posted on 11/20/24 at 7:39 am to
Added 15,000 dollars worth yesterday more shares
Posted by beaverfever
Arkansas
Member since Jan 2008
35792 posts
Posted on 11/20/24 at 9:05 am to
18M shares traded in the first 30 minutes.
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