MicroStrategy Incorporated Class A (MSTR)

202.75
NASDAQ
Prev Close 210.77
Day Low/High 189.00 / 219.49
52 Wk Low/High 134.09 / 891.38
Exchange NASDAQ
Shares Outstanding 11.30B
Market Cap 2.38B
P/E Ratio 4,121.64
Div & Yield N.A. (N.A)

Latest News

More Night Moves: A Quick Look at Overnight Futures

* 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 ...

Surprise, Surprise!

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...

From Doomberg

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

Long Story Short: This First Trust ETF Has a Lot to Like

Long Story Short: This First Trust ETF Has a Lot to Like

Let's take a deep dive into the First Trust Long/Short Equity exchange-traded fund, which looks to make gains on shorted stocks as well as additional profit from levered positions.

You Don't Know Who Is Swimming Naked Until the Tide Goes Out

* 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...

Recommended Reading

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

Textbook Bear Market? Rate Hikes, Bare Shelves, Russia, Crypto-Fiat, Earnings

Textbook Bear Market? Rate Hikes, Bare Shelves, Russia, Crypto-Fiat, Earnings

There's no way to sugarcoat tightening policy into a weakening economy.

More Stupid Moves  

Among my most idiotic short covers - and .

New Buy (and Short) 'Levels'

* 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...

Short Moves

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

Pairs Trade

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...

Now That We Have the Bitcoin ETF, Do You Know What Contango Is?

Now That We Have the Bitcoin ETF, Do You Know What Contango Is?

Outside of the ETF launch which could generate flow into the crypto space, it is important to ask what the real theme is for Bitcoin.

Covering MicroStrategy

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

Adding to 2 Shorts

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

Adding to 3 Shorts

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

Adding to 3 Shorts

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!

Bitcoin Bull? How About Bitcoin Full of Bull...

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...

Digital Currencies and Related Equities Take Hits on PBOC News

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.   ...

Short MSTR?

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!

Bitcoin Bets: Coinbase, MicroStrategy and Riot Blockchain

Bitcoin Bets: Coinbase, MicroStrategy and Riot Blockchain

Bit by bit, leading growth experts highlight a trio of companies involved in the cryptocurrency market.

Crypto Currency Losses Multiply

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

Bit by Bit Bitcoin Peripheral Equity Plays Get Torn to Bits

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.    

Crypto Sector Shines as Rotational Action Shifts Again

Crypto Sector Shines as Rotational Action Shifts Again

Trading will continue to slow as we approach the long weekend.

Suze Orman's Correction

* 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...

2021 Has Been a Year of Surprises

* "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 ...

Trading MicroStrategy? Read on...

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...

Don't Let Trades Become Investments... and Some More of My Cryptocurrency Opinions and Observations

* 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...

MicroStrategy's Sub Optimal Business Strategy

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 ...