dropppie
10-14

$MicroStrategy(MSTR)$

Friday 3:30 pm, near the end of a big day, BTC peaks out at about $63,440. with MSTR at $209. Over the last half hour BTC loses $400 but MSTR creeps even higher and closes pinned to the high for the day.

The pain trade is being out of the stock or, obviously, short. MSTR traded almost 30 million shares on Friday. 3.4 million of those were in the last five minutes!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment