To The Moon

$Marvell Technology(MRVL)$   Looks to be roaring back at pre-market. Going to be interesting today.

Looks quite bad.  The bounce followed by another round of sell-off is suggesting the AI correction is not over.  We may see MRVL go below $200 this month.  After which we need to see if there is resumption of the up. Or a confirmation of what some were warning of an AI bubble burst. Hold all actions for now. Play safe.

This cannot be a surprise to anyone. It's a failed business model. Your parents whould have taught you that any business that does not produce anything is fake.

Strange behaviour. I thought this cash "reserve" of $2+ b was supposed to be used to pay dividends  to prefered shares holders. Now you use $1b to buy back ordinary shares, you have less cash to do this. Which means, Bitcoin damn well go above $84k so uou can at least sell more Bitcoin to raise cash to pay the coming dividends when the cash reserves dries up. Either way, all actions are not looking sustainable. MSTR will end up having to sell off their own asset to pay for either dividends or to pay for debts.

$Marvell Technology(MRVL)$   Let's see how the tech stocks do today. If we see a big bounce, then perhaps the AI bubble may not come after all. On MRVL, if Jensen can believed, and it really is the next stock to get to trillion valuation, in context, I estimate we are taking about the price quadruple from here. That is go from $260 to $1,040.... That is some climb if it really happens.

$Marvell Technology(MRVL)$   About 4 days of downturn since hitting record high. The trillion$ question is, when will the correction end or was the high a mirage.  Any thoughts?

This war has gotten boring and no longer a factor of much concern to the markets, outside of the oil economy.  But it will destroy the Trump administration as has been seen how it is already tearing the Replublican leadership apart. More and more the Americans are seeing a new Vietnam, a new Afghanistan, a new Iraq. One which they will find even harder to get out of. One which will hurt them even more. Why? Because of oil. Because it will build the "alternative" alliance of China, Russia and India even faster.

$Strategy(MSTR)$   From high of above $457.22 to present price of $82.20, wow. What a spectacular collapse. And it's only source of value, Bitcoin, continues to plummet. Now at around $60k.  The average holding cost of MSTR's Bitcoin is estimated to be above $84. And Michael Saylor continues to issue preferential shares that pays above 10% divideds to buy Bitcoin. How is this going to have a happy ending? I fear when MSTR collapses, it will drag down all Cryptos and Crypto related instruments.  Once again, the US authorities turn a blind eye and allow individuals to crash the economy.

This is a very drastic reversal, but for a counter like MRVL, not surprising. If you pause and take a higher view, MRVL's meteoric rise in price of shares should logically see a correction.  Underlying matter for investors to consider is what is the future of the company. For what they are producing, it can only mean greater price increases. Look at the reason why Microsoft and Apple's shares tanked last night. Price increases for their products due to higher costs of chips.  Wouldn't this also mean that producers of chips and those in the forefront of AI be gaining correspondingly?

$Strategy(MSTR)$   "US-listed Bitcoin funds have posted almost US$3 billion of net outflows in June so far, according to data compiled by Bloomberg. Strategy Inc, the largest corporate holder of Bitcoin, is also under pressure amid investor concerns about its ability to meet its financial obligations." This is not fake news. It is real. MRTC has dividend and debt obligations at mega levels. The much shouted cash reserve has dried up. This must be the reason they recently had to sell off a meager 38 Bitcoin.