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re: I'm feeling bummed about taking profits on MSTR

Posted on 11/22/24 at 5:21 pm to
Posted by Big Scrub TX
Member since Dec 2013
38412 posts
Posted on 11/22/24 at 5:21 pm to
quote:


whether that’s a “good” investment plan or not I would have no way of knowing
No, you do know. paying a 400% premium to access something is crazy - and won't end pretty.

It's actually a depressing sign of the times that the markets are so broken for the average joe that they believe their only chance is to somehow strike it rich on stuff like this.
Posted by cgrand
HAMMOND
Member since Oct 2009
46447 posts
Posted on 11/22/24 at 5:54 pm to
quote:

the markets are so broken for the average joe that they believe their only chance is to somehow strike it rich on stuff like this.
my brother in Christ
you know and I know and everyone else knows that the real money and the real world liquidity of the markets is made betting around and on what the average joe is willing to chase.

let’s not kid ourselves here

retail investors are the exit strategy
Posted by Big Scrub TX
Member since Dec 2013
38412 posts
Posted on 11/22/24 at 6:39 pm to
This is almost straight up fraud, though.
Posted by theRealJesseD
Member since Nov 2021
4514 posts
Posted on 11/22/24 at 7:23 pm to
quote:

This is almost straight up fraud, though.


I definitely almost straight up think you should be shorting this. Why waste your precious time in a message board posting about it?
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79102 posts
Posted on 11/22/24 at 7:24 pm to
So you got your initial investment back and the rest of your position is effectively free? This is bad because....?
Posted by Huge Richard
Member since Dec 2018
4311 posts
Posted on 11/22/24 at 7:25 pm to
I’m back in at a 2x premium, if it gets around $300
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