MicroStrategy Incorporated Class A (MSTR)

* The market (and money) never sleeps -- and neither do I, it appears! * Futures turned slightly lower in the evening -- extending the steady losses of the last week.   * The S&P oscillator grows more oversold. "Workin' on our night moves Trying to ...

Though only a little over four months into the year, My 15 Surprises for 2022 are well on its way of being the most prescient of any in the last 20 plus years of doing my List. Here are two of my Surprises that are especially relevant today:  Surpri...

Doomberg on cryptocurrencies and .  I will have more to say about this in my opener...

* The Dunning- Kruger Effect is vividly seen these days in the business media and elsewhere * Avoid the self confident and smug talking heads  Business commentators, strategists, analysts, money managers and "talking heads" have short memories - but...

Doomberg on currencies, Bitcoin and MicroStrategy (h/t Mikey).

Among my most idiotic short covers - and .

* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...

I have covered my short. I also covered my short and added to my short.

I know this is quite unpopular, and perhaps even dangerous, but I like the pairs trade of long gold and silver and short digital currency. I have added more at $166.96 and at $22.14 in premarket trading.  I am long GLD and SLV and short digital curr...

I have covered half of my MicroStrategy short at $706.

I added to my shorts in ($734.33) and ($44.50).

I am adding to , and shorts now. Baby steps, though, as I average in on strength.

My short of Bitcoin related securities got a Bronx Cheer yesterday in our Comments Section.  Nonetheless, I plan to add to my shorts in , and  today - and recommended to buy by three panelists on CNBC's Fast Money last night!

I'm calling B.S. on Bitcoin. As I have expressed over the last few years, I believe that Bitcoin is the ultimate gewgaw. I fully recognize that my view of Bitcoin is increasingly a minority viewpoint.   This week I began to short a package of digita...

While this is not new news, overnight the People's Bank of China (PBOC) put to print that all crypto-related transactions are illegal and financial institutions aren't allowed to offer services.   China also vowed to crack down on digital mining.   ...

In our Comments Section I cautioned a few subs who were interested in shorting MicroStrategy  at $600/share to be patient. The shares are now approaching my short level. Will keep you all advised of any action I take!

I remain a steadfast bear on digital currencies.   This morning, Bitcoin breached $30k to the downside.  MicroStrategy remains an investment short.

Bitcoin peripheral equity plays are getting schmeissed - as , , , , , etc. are being taken to the woodshed. I remain negative on bitcoin and digital currencies. See the Podcast of the Day.    

* I continue to call B.S. * I am eyeing a short in MSTR on any further strength  Two weeks ago I wrote critically about an apparent falsehood that popular financial maven Suze Orman made up on CNBC and on other high profile media platforms regarding...

* "Group Stink" stunk up the joint in the first half of the year * The last half of the year likely holds some more surprises as the bull market in complacency could peak * Look for the unexpected As we move this week to the end of the quarter, and ...

George Noble just emailed me this: “You read that correctly – $71,275 per bitcoin. The price of bitcoin is in the low $30,000s overnight. Therefore, the market is assigning more than twice the value to MicroStrategy’s unsecured classes than the unde...

* The magnitude and swiftness of the decline in digital currencies has been eye opening and has accelerated over the last few days despite the strong protestations from its supporters * Bitcoin again dropped overnight (-25% in the last week) and the...

I have written a lot about MicroStrategy's suboptimal and potentially dangerous strategy in buying more and more Bitcoin since last August - most recently in my Diary last week.  Not surprisingly, this morning, the company announced the acquisition ...