I opened
$MicroStrategy(MSTR)$ ,
MSTR: short MSTR in the pre market as it continue its march breaking $500 without much resistance overnight. The bullish news of MSTR raising new bonds worth $2.6 billion to continue buying Bitcoin bouyed the market.
This then soured after market opens when Citron Research revealed a short position on MSTR and currently MSTR is 2-3% lower reacting to the news.
Think MSTR will ride this over and continue to be bullish. Just that short term might create an overhang amidst all the only bullish news surrounding MSTR for past few weeks.
Trade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
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