7Mon·

Opened an intraday short position today $MSTR (+2.26%) and closed it again today. Finally it is fun to $MSTR (+2.26%) to short. The "stupid money" is easing off or finally starting to think rationally. 🤔

My other short position remains active, as I continue to find the irrational valuation too sporty and consider a further discount of 50% plus to be realistic.

21.11

Put @271.736USD MicroStrategy Inc Open-End

Sold at €0.937

5 Comments

Goldadler@Campari

7Mon

Normally, Bitcoin will consolidate from 100T dollars upwards, then there should be another slide downwards here at MicroStrategy ⬇️

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Rohstoff-König@Flowerstone

7Mon

I doubt whether we MSTR investors are all that stupid! Just calculate how much new BTC the existing shareholders get per share through the purchases instead of Anzhal # BTC market value. Think first and then think everyone else is stupid! At least my suggestion ....

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Dennis@GordonGekko83

7Mon

@Flowerstone Well, ask me who thinks. It's just "stupid money" who is still investing. The substance does not reflect the stock market valuation by far. Incidentally, the existing shareholders are also "stupid" to a certain extent, as it would make more than sense to reallocate to $BTC directly at the valuation multiples. My opinion! You don't have to share it, but maybe turn on your head.

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❤️DIST-LOVE@DISTLOVE

7Mon

@Flowerstone Why so emotional right away?

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Dennis@GordonGekko83

7Mon

@DividendFocus There's nothing more to come. That's because it runs on "stupid money"

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