Is this an @Odell post?
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Is this an @Odell post?
Sold most of my $STRD preferreds today. Not my best financial move for sure - yes the dividend was getting paid but the value kept dropping. Once I’m out I can properly root for MSTR to implode (because I’m petty)
Can imagine though if everyone has to ignore the fiat denominator all the way through another -70% peak to trough that brings us to around $40k?
The bitcoin part is pretty accurate but stocks only go up
Well done!
Fuck. These instruments keep moving lower and so anything I’ve been paid out basically offsets my capital loss. Feels like MSTR might give us our FTX moment this cycle….it’s all so very gay…
Really difficult choice. My gut call was Elizabeth Hurley