Haha totally agree. Who the heck is Kerrisdale Capital anyway? Bet they miss out on buying into MSTR and want to create such sensational news and opportunities for their panel of investors to load up before the bull run. Never take their words seriousl. They are just trying to move the market to theie benefit. [Happy] [Miser] [Cool] //@SPACE ROCKET: Totally absurd and lame lol. How can you long bitcoin and short MicroStrategy when $MicroStrategy(MSTR)$ have the largest moat of Bitcoins. Totally ironic. When Bitcoin skyrockets, so will the balances of MSTR and its market cap. Kerrisdale thinks he is smart, but the lights are obviously on a
All eyes on $Marathon Digital Holdings Inc(MARA)$ too. MARA did something yesterday to REDUCE share dilution to its shareholders, though many do not see it and are just making loud noises. In buying back the old notes (with interest), and taking on new ones (with 0 interest), MARA essentially gets free money (till after 2032) to aggressively grow their BTC treasury. MARA has added 8000 BTC alone this week, and this BTC will be worth much more before 2032 even. Extra bullish. From a technical point of view, MARA's 50, 100 and 200 weekly moving averages are providing a ton of support and so I remain rather bullish on MARA. I expect to see MARA reclaim the $25-$30 region in the months to come, especially at
Market is just irrational, what to do. Just look at $Tesla Motors(TSLA)$ lol, totally makes no sense. We all know Elon over promises lol. Few years down the road, the cheaper cars that he promised may not even happen lol. Not forgetting if Elon can make cheaper cars, so can other car companies. Other companies can also make cheaper EV cars. Pure lame lol.
I'd prefer to invest in the darling of Wall Street TBH. $NVIDIA(NVDA)$ Will AMD overtake NVDA's biz? Not in the near future. So NVDA is my go to. Not AMD at this point, sorry. I'd even prefer TSM. @LULU ROCKET @BABY SPACEROCK
๐๐๐ WILL WALL STREET CLOSE LOWER TONIGHT? ๐๐๐ Investors' fears that the Federal Reserve may keep rates higher longer have weighed on stocks this week. Fed Chairman Jerome Powell on Wednesday maintained that while there is still room for interest rate cuts this year, policymakers will need more proof that inflation is moving toward the central bankโs 2% guideline before rates can come down. As a result, Wall Street adjusted its expectations for rate reductions. Fed funds futures trading data now suggests a 58.5% likelihood of a cut at the Federal Reserveโs June meeting, down from about 70% last week, according to the CME FedWatch Tool. "I don't think that the Fed really has any reason to cut rates. The economy is so strong and we still have not beaten inflation yet," said Larry Tentar
Agree. There is just too much uncertainty in the crypto space these days and it's just not worth the risk. The Bitcoin halving event anticipation has already been priced in, which means I don't expect a drastic hike in price of Bircoin when it halves next week. In fact, if you guys recall, price of Bitcoin and crypto related stocks plunged on the day of Bitcoin Spot ETFs approval. Thanks to outflow from $Grayscale Bitcoin Trust(GBTC)$ . From Jan till now, outflows from Grayscale caused Bitcoin's price to drop TWICE. And it may happen a third time. Note that Grayscale transfered 6200 Bitcoins worth $434mil to Coinbase recently, sparking speculations that they are ready to sell Bitcoin, potentially impacting market prices of Bit
@SPACE ROCKET:Lols $Coinbase Global, Inc.(COIN)$ is trying too hard lolol ๐ฉ๐ฉ๐ฉ No point announcing 'good news' one after another these days when Wall Street is BLEEDING RED. It's all FLUFF. Smarter and more discerning investors would avoid buying in and getting caught in the sudden sell-offs and quick reversal. For those who FOMO and got in, GET OUT when you can!! ๐ ๐คฃ FOMO Bulls are just trying their luck lol. Once COIN hits $255-$265, even the bulls will sell off and the BEARS will START ROMPING IN . ๐ป๐ป๐ป๐ป Cathie Wood forsees this trend too. Thus, it comes as no surprise that she has been unloading COIN shares over these 2 days when COIN reaches its 'peak'. The upside to $280 is minimal and
$CleanSpark, Inc.(CLSK)$ $Marathon Digital Holdings Inc(MARA)$ $Riot Platforms(RIOT)$ These miner stocks are due for correction soon. Most analysts expect miner stocks to fall upon halving on 19 April, so if I'm in these stocks, I'd make it a point to exit them before this date. There will always be a better point in time to buy. Wait till these miner stocks prove their mining capacities and balance sheet strength before re-entering. We never know how the halving will affect their profitability and mining operations post halving. Not much comments on $Coinbase Global, Inc.(COIN)$ . But
As much as everyone wants to see NVDA climb further, I'm in the belief that it will first fall to its support at $140-$150 before going higher once more. And I'd only add positions around this price range. It's skeptical how the red tape barriers all play out. Will Jensen be really able to sell chips to China? What if Trump starts some nonsense once more? Never know eh. You guys know how volatile Trump is. His mood is just like the weather. Unforseen. Unpredictable. And all calm may just be before the impending storm. @Emotional Investor @Zarkness @Mathematical Money
1. A 2. A, B, C 3. B 4. B 5. B 6. C 7. A 8. Strike Price: 510.0 Expiration Date: 1 Aug 2025 9. A, B, C 10. I had to redo this twice, and yet for some strange reason I can't upload the screenshot of my order page
Opendoor Technologies Inc (NASDAQ: OPEN) is a real estate technology company that operates an online platform for buying and selling residential properties. Opendoor leverages technology to simplify the home-buying and selling process, offering instant cash offers and streamlined transactions. While its business model is disruptive, I think I am not suited for such high-risk at this point in time.
Nah. Please don't buy VIX yet. It's still a bull market eh. Dangerous to buy VIX now. Only do so in Sept lol. Please be mode wise and rational. @LULU ROCKET @BABY SPACEROCK
No one can tell when the bottom is definitively. So if you're bullish on TSLA, then add at every dip. Rule of thumb is to add small portions each time the stock dips 5%. Not financial advise though, do your own due diligence. However, I do feel that TSLA has much more to fall and it's not something I'm looking to invest in in the LR and SR. @BABY SPACEROCK @LULU ROCKET @TigerStars @TigerObserver
From bad to worse indeed. I'd only bottom fish when this stock hits $100. You may think it's impossible but just wait and see. With such poor earnings, declining sales, volatile ruler and global uproar, TSLA will not survive the next pandemic or Trump madness. It will nosedive. And that's the time to buy if keen.
There are many who believe that TSLA will hit new highs like $400 - $500 in the near future. And peeps like Cathie Wood believes that TSLA can go north of $2000. I'm not a firm believer but I think TSLA has the propensity of rising that high eh. Looking of a 2030 timeline for example. Won't be surprised if TSLA hits that price target. @BABY SPACEROCK @LULU ROCKET @MouInvestment @TigerObserver