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It was clear they could never get to 2.5x NAV PREMIUM

This is a convo I had w a top Analyst (prob one of the best out there) when he asked me re this new 2.5x NAV PREM

My text response is in blue. I said basically there is no way we get to 2.5 MNav unless there is a Trillion in Demand for $STRC - we only had $15M last week. Therefore I said in no uncertain terms "he is smoking crack"

Now that the ATM is relaxed - I think he will go back to ATMing at 1.5x or more and then make big BTC purchases again... .but rem AUG is always low vol, flat to down while everyone except me is at the beach.... early SEPT will be rough - then we kick off after rate cuts!.

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Ed Edie

James are you selling?

Ed Edie

did you sell?

CandyCoated

He has been selling when he does his rotation from MSTR into TSLA. That is selling MSTR if you think about it.

Willson

I will, I have a decent bag deep in the profit in tax deferred accounts. I belive it is oversold on the short run, and will layer out on the next run. I do belive it will outperform BTC in bull, but Loss of Trust is too big of a hurdle. Unlike James, my deepest conviction is Cold Storage BTC, even over my Fidelity ETF.

Ebony Bostock

@investanswers i’m really interested to know if you’re selling or not. I did offload a quarter of my positions by a house recently but we do have a lot of money tied up in my strategy which just seems to be losing its value compared to bitcoin as time goes on. People like punter Jeff thinks that this is just a calm before another crazy run in mnav, but I’m really just worried about our bags.

Mr. Mushrooms

Well. Well...not so bullish after all...

Bull&Bear

Risk/Reward ratio for MSTR is now not justified short term, considering we may be late in the bull

dudethewatcher

If bitcoin runs back up, which I think it will mstr will run back up harder. But if there is a bear you better make sure you took some profits because mstr is going to fall like a rock.

Accord UTWFO

Feel like sailor at this point, he's just trashing his stock.

CLARE GWYNNE

I don’t know what to do my MSTR is down 25% that’s a lot of money! Why oh why did I not take profit end of July.. But what to do. Is this time to dump or safe it will go back up?! VERY scared he’s ruined it and this is just gonna continue to bleed? I would love James level headed view right now cause this doesn’t feel like a normal correction since BTC had an ATH today and MSTR went further down. Any one with wise words of wisdom?

njwaverider

Feeling the same way. I took it all off the table after a 4X but then later put a percentage back in and now every day wondering if I should just bail and eat a MAJOR loss

Jos Laat

Don't bet on that. Mstr first below 50 before ATH !. IF not broke.

Jos Laat

James could/should make a case what mstr price will be when bitcoin is 44K on next dip bear