Domain: tiger-web1.srvr.media3.us Anyone buying MicroStrategy Inc (MSTR)? | Page 24 | Money Talk
Started By
Message

re: Anyone buying MicroStrategy Inc (MSTR)?

Posted on 12/12/24 at 2:44 pm to
Posted by Big Scrub TX
Member since Dec 2013
39183 posts
Posted on 12/12/24 at 2:44 pm to
quote:

I then went with MSTX, and I'm in at $65. I have sold these all the way up:

MSTX 12/06/2024 Call $120.00 STO 11/26/2024 11/27/2024 M $11.3000 1 $1,130.00

MSTX 12/13/2024 Call $125.00 STO 12/04/2024 12/05/2024 M $4.3000 1 $430.00

MSTX 12/20/2024 Call $125.00 STO 12/11/2024 12/12/2024 M $5.3000 1 $530.00

That's 2K in 3 weeks. Traditional , not traditional.... don;t care. I care about the bottom line no matter what.
Selling vol is the only rational way to make money in this name.
Posted by SeymourButts
Member since May 2018
113 posts
Posted on 12/13/24 at 7:59 pm to
MSTR into qqq. Ponzi scheme added to the nasdaq 100. Keep the FUD coming pump our bags !
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
90054 posts
Posted on 12/13/24 at 8:52 pm to
Happy QQQ Day, boys
Posted by DaBeerz
Member since Sep 2004
18309 posts
Posted on 12/13/24 at 9:14 pm to
All Aboard
Posted by LSUSLU106
Member since Mar 2015
717 posts
Posted on 12/13/24 at 9:39 pm to
Lets ride
Posted by BCreed1
Alabama
Member since Jan 2024
6888 posts
Posted on 12/15/24 at 7:12 pm to
And trading begins with MSTR up +$31.73 (+7.76%)Overnight

That means my MSTX is up +$14.85 (+14.08%)Overnight


Posted by HagaDaga
Member since Oct 2020
6900 posts
Posted on 12/15/24 at 9:42 pm to
quote:

And trading begins with MSTR up +$31.73 (+7.76%)Overnight

Where are you seeing that trading has begun already? Is there a premarket site to follow? TIA.
Posted by LSUSLU106
Member since Mar 2015
717 posts
Posted on 12/15/24 at 10:55 pm to
Robinhood
Posted by HagaDaga
Member since Oct 2020
6900 posts
Posted on 12/15/24 at 11:24 pm to
You have to have a RH acct im assuming to see that.

The trading options inconsistencies really does makes it difficult to follow.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2960 posts
Posted on 12/16/24 at 11:58 am to
I rode it up to its last high then sold but I'm back in around 390/sh and I'm in for the long haul now. LET IT RIDE!

Posted by beaverfever
Arkansas
Member since Jan 2008
35825 posts
Posted on 12/16/24 at 12:45 pm to
This stock is going to explode (relative to BTC) in about 2 weeks when Saylor is locked out from selling shares ATM heading into his next quarterly financial release.
This post was edited on 12/16/24 at 12:47 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82148 posts
Posted on 12/16/24 at 12:52 pm to
Without Saylor's ATMs we'd likely be hitting $600+ right now. He has diluted TF out of this stock over the past month. Long term its great. Short term a bit frustrating that he hasn't let it get some momentum going again. Definitely will be nice to see what it does when he is locked out for 40 days
Posted by HagaDaga
Member since Oct 2020
6900 posts
Posted on 12/16/24 at 12:59 pm to
ATMs? I'm assuming that doesn't mean "at the moment"

Kind of getting the gist of what you 2 are talking about, but not 100% on what's going on to put it all together.

They have a board meeting the last days of the year, and could tell him to stop buying BTC by selling his own personal MSTR stock?
Posted by Big Scrub TX
Member since Dec 2013
39183 posts
Posted on 12/16/24 at 1:03 pm to
quote:

Without Saylor's ATMs we'd likely be hitting $600+ right now. He has diluted TF out of this stock over the past month. Long term its great. Short term a bit frustrating that he hasn't let it get some momentum going again. Definitely will be nice to see what it does when he is locked out for 40 days
I've never seen people so openly acknowledge a grift and yet still be bullish on it.
Posted by HagaDaga
Member since Oct 2020
6900 posts
Posted on 12/16/24 at 1:28 pm to
Grift or not, acknowledging the possibility is key imo, and feel most people have it in the back of their head to avoid holding the bag. Nothing wrong with trying to ride it and take advantage of it. Make some money in the process.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82148 posts
Posted on 12/16/24 at 1:37 pm to
quote:

ATMs? I'm assuming that doesn't mean "at the moment"

At-The-Market

Basically he is issuing new shares (diluting existing shareholders), selling those at the market price, and using those proceeds to buy more bitcoin. That creates a lot of sell pressure and/or sucks up any buying pressure from the market to limit upside.

But as a result, he has increased the number of bitcoin each share of MSTR represents each time he has done this. End goal for me is BTC accumulation and he is growing the BTC per share at an incredible rate
Posted by beaverfever
Arkansas
Member since Jan 2008
35825 posts
Posted on 12/16/24 at 1:52 pm to
quote:

Without Saylor's ATMs we'd likely be hitting $600+ right now. He has diluted TF out of this stock over the past month. Long term it’s great. Short term a bit frustrating that he hasn't let it get some momentum going again. Definitely will be nice to see what it does when he is locked out for 40 days
I think some people are getting frustrated and don’t understand the long play. I think he’s going to switch to convertible bonds as his source of btc funding while he is locked out. That won’t have anywhere near the downside pressure and the stock will take off. He’s holding back that dry powder IMO.
This post was edited on 12/16/24 at 1:54 pm
Posted by HagaDaga
Member since Oct 2020
6900 posts
Posted on 12/16/24 at 2:00 pm to
Thanks for the above. I mentioned it in prior posts in this thread that when i first started watching/bought into MSTR it was +/- floating with BTC pretty evenly. Then he started to buy up more, so cost basis went from in the 40k range to the high 50k+, and since MSTR has not been moving with BTC at all. Now I'm getting it a bit more, so I can try to learn how to follow it.

So is there a set board meeting at the end of month or something that will just get announced that will pause/stop what he is doing?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82148 posts
Posted on 12/16/24 at 2:07 pm to
He cannot issue ATM offerings a certain amount of days from an earnings release. I believe its something like 40 days of a "blackout"
Posted by LSUSLU106
Member since Mar 2015
717 posts
Posted on 12/16/24 at 2:54 pm to
ATM (At The Money) sale of stock
Jump to page
Page First 22 23 24 25 26 ... 43
Jump to page
first pageprev pagePage 24 of 43Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram