MicroStrategy Incorporated Class A (MSTR)

* 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 ...

* Tops are processes (bottoms are events)  * Investors are remarkably complacent - with no one, save Perma Bears, looking for a meaningful market decline  * The market silliness is now deafening as the (motley) fools rush in at the end of a speculat...

* Not to the moon, Alice! * Steer clear of MicroStrategy and be skeptical of what "talking heads" are selling There are #Bitcoin whales, but in Michael Saylor's case Bitcoin is the whale, #MicroStrategy is the Pequod, and he is Capt. Ahab. His obses...

I will be writing more on Suze and MicroStrategy tomorrow morning:  Mark Anthony  Suze Orman Deja Vu? At the height of the Dot.com bubble, Suze Orman appeared on CNBC. A caller asked her opinion of initiating a Trading position in QQQ. She said "Sur...

Yesterday on CNBC, popular financial host Suze Orman said she purchased Bitcoin through an initial investment in MicroStrategy made on June 5, 2020 at about $125/share.  The problem with that statement was that MSTR had not yet disclosed its holding...

"Just one more thing.' - lt. Columbo   MicroStrategy files for a possible stock shelf offering.    

Oh, my goodness (watch this closely!) ... actually, to me, and in reality, fiat money has become mostly and generally virtual. MicroStrategy has a doomed strategy of accumulating bitcoin in a leveraged fashion, imho: #Bitcoin let’s you save your mon...

* The market silliness is now deafening as the (motley) fools rush in at the end of a speculative cycle * I see a pivot in monetary policy and disappointing (relative to consensus) 2022 S&P EPS * There is a possibility for a broad valuation reset lo...

MicroStrategy has been one of my favorite shorts. It's a company that parades as a software enterprise that is really a levered bitcoin play. And, as you will see shortly, I am manifestly bearish on bitcoin: Bitcoin-backed junk bonds: https://t.co/i...

Though NYSE breadth is 17-3, I see a sea of red on my monitor.  Ns over Ss.  The most speculative gewgaws are the upside feature ( , , etc.) while digital currency related issues (as cyrpto appears to be rolling over) continue to be downside market ...

* And some advice from my former horse trainer, Delvin Miller I have launched my new hedge fund, Seabreeze Capital Partners LP, because I believe -- despite the mushrooming in commission-free trading activity at Robinhood and elsewhere, the emergenc...

Interesting to see cryptocurrencies lower this morning with digital peripheral plays ( , , , and ) all lower.  Meanwhile,  is bucking the trend lower and is +$5.40/share.    

* Maybe very soon!  With the speculative tertiary cryptocurrency plays getting obliterated in line with digital price "discovery" - and with some of the stocks -75% from the 2021 highs - I am assembling a speculative crypto equity package to BUY.  S...

* Its valuation deflating and market unfriendly * Another rant... There is a lack and loss of character in our markets, in social media, with our policy makers, among some of our most powerful corporate leaders, on Wall Street and, even, too often w...

* I remain a non consensus bear on bitcoin though "The Screw Elon Coin" may rip higher in price * My new favorite long, Coinbase, will likely be lower on the news and I will be adding on weakness  The PT Barnum of our generation, Elon Musk, made new...

From my perch there is little to "like" about the market over the last few days. (Remember... tops are processes, bottoms are events.) A number of individual stocks look dreadful -- even "beast mode" Amazon is down about 12% from the recent after-ho...

* I ended the day in a large net short exposure (personally)   Some observations:   1. I was wrong on where I thought Coinbase would open, but I was correct that it should be be avoided (or shorted on the opening at $381) as it closed at $328. See "...