https://www.cnbc.com/quotes/MSTR
Hey Recyclersteve, MSTR of no interest to you?
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Re: Hey Recyclersteve, MSTR of no interest to you?
by tdtwedt » Wed Dec 18, 2024 1:20 pm
There are more ways than one to skin a cat.
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Re: Hey Recyclersteve, MSTR of no interest to you?
by tdtwedt » Thu Dec 19, 2024 5:49 pm
MSTR now down to $331 from a high of $543 in November.
A loss of 39% from the ATH.
https://www.cnbc.com/quotes/MSTR
A loss of 39% from the ATH.
https://www.cnbc.com/quotes/MSTR
There are more ways than one to skin a cat.
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tdtwedt - Penny Hoarding Member
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Re: Hey Recyclersteve, MSTR of no interest to you?
by Recyclersteve » Fri Dec 20, 2024 3:39 am
I think MSTR is down so sharply because they use leverage. This is your best friend when something is going up and worst enemy when it is going down.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: Hey Recyclersteve, MSTR of no interest to you?
by shinnosuke » Fri Dec 20, 2024 1:45 pm
Recyclersteve wrote:I think MSTR is down so sharply because they use leverage. This is your best friend when something is going up and worst enemy when it is going down.
Their story has not even begun. We're not in Chapter 1. We are still looking at the Preface.
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