Be careful of MRTC. Is it highly volatile and the movement often does not reflect fundamentals. Friday's dramatic gains is not even in proportion of the recovery of Bitcoin. How then is this justified if Bitcoin is the basis of the value of MSTR? Another thing to consider. If Bitcoin should rise even more spectacularly, how will MSTR realise the profit except to convert their holdings of Bitcoin into US$. What happens when MRTC offloads a portion of their Bitcoin holdings? Will there be enough new buyers to buy them to keep their prices from falling? But then again, the believe is there will always be new buyers coming to support. But isn't this dangerously playing a musical chair game?
Scaramucci Says Concern Over MicroStrategy’s Debt Is Overblown
Be careful of this MRTC. Is it highly volatile and the movement often does not reflect fundamentals. Friday's dramatic gains is not even in proportion of the recovery of Bitcoin. How then is this justified if Bitcoin is the basis of the value of MSTR? Another thing to consider. If Bitcoin should rise even more spectacularly, how will MSTR realise this except the convert their holdings of Bitcoin into US$. What happens when MRTC offloads a portion of their Bitcoin holdings? Will there be enough new buyers to but them to keep their prices from falling? But then again, the believe is there will always be new buyers coming to support. But isn't this dangerously playing a musical chair game?
MicroStrategy (MSTR) Is Walking A Tightrope By Using Leverage To Buy Bitcoin
Jerome Power just dropped a bomb on crypto crusaders. Now over to Trump, who is not exactly the most consistent person around. He has said he favors Crypto as another reserve holding. But he is known for changing his mind very often too.
Bitcoin Slumped Below $100K As Powell Says Fed Cannot Hold Bitcoin, Not Seeking to Change That
I think the main reason for this collapse is Trump likely to appoint Musk to take charge in the reduction of tax credits for EV cars. Joking, but only half. But if Trump is serious about cutting, or cancelling Tax credits for EV's ( to support traditional US gas-guzzling car manufacturers), who knows more about this than Musk?
Tesla Inc. Stock Falls Wednesday, Underperforms Market
The Firefly may be exactly what Tesla needs. A mass market people car. NIO's story is getting more attractive with the launches of more practical models. $4.37 post market, maybe time to get back some shares.
Stock Track | NIO Falls 5% as New 'Firefly' Brand Unveiled with Later Europe Launch
In the longer term, NVIDIA will be fine. But following historical patterns, likely the funk will last a few days, maybe weeks evenbefore correcting back up again.
Nvidia Stock Falls Into a Correction. Why the Chip Maker Can't Snap Out of Its Funk
$NVIDIA(NVDA)$ Bottom dip? Already started. This is a no-brainer. The corrent price down is a golden opportunity arising from rotational play. Money going into Crypto and Tesla and Qualcom will soon be coming back.
Old news apart from the warning about removal from Nasdaq 100, which all are expecting anyway. Likely to see some knee jerk sell-down early today and possibly some rebound after.
Stock Track | Super Micro Computer Plunges 6.23% After-Hours as Auditor Resigns, Filings Delayed
It's a very risky stock. Not out of the woods even though they got extention from Nasdaq to report their numbers. The question anyone thinking if buying into the dip is, what will the new auditors find?
Super Micro Stock Slips. Why SMCI Had Such a Tough Week