MicroStrategy Incorporated Class A (MSTR)

582.00
18.00 2.90
NASDAQ
Prev Close 599.61
Day Low/High 598.67 / 617.76
52 Wk Low/High 144.60 / 1,315.00
Exchange NASDAQ
Shares Outstanding 9.75B
Market Cap 5.84B
P/E Ratio 4,121.64
Div & Yield N.A. (N.A)

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 ...

The S&P Index Remains About 20% Overvalued

* 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...

Suze Orman, MicroStrategy and Sub Optimal Corporate Strategies

* 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...

Subscriber Comment of the Day (Part Trois)

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...

Suze Orman... Something Doesn't Add Up! 

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...

Our Technical Strategy on MicroStrategy

Our Technical Strategy on MicroStrategy

MSTR looks ready now for renewed gains.

A Fool and His Money...

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

Crocs Is Breaking Out to a New All-Time High and It's My Stock of the Week

Crocs Is Breaking Out to a New All-Time High and It's My Stock of the Week

The shoes may be ugly, but the chart is attractive, and sales are good.

Kass: My Bearish Market Outlook for the Next 12-18 Months

Kass: My Bearish Market Outlook for the Next 12-18 Months

My investment conclusion and strategy is to sell in June for the anticipated market swoon.

Tweet of the Day (Part Deux)

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...

Sell in June for the Anticipated Market Swoon? My Ursine Market Outlook for the Next 12-18 Months

* 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...

I Have Rarely Wanted to Buy a Stock Any Less Than MicroStrategy

I Have Rarely Wanted to Buy a Stock Any Less Than MicroStrategy

I would not invest in MSTR with my money and I could not recommend that you do so with yours.

Behind the Bitcoin Veil, Fiat's Crypto Evolution, Striking While the Iron Is Hot

Behind the Bitcoin Veil, Fiat's Crypto Evolution, Striking While the Iron Is Hot

Plus, questioning MicroStrategy Inc.'s plans to sell a bundle of debt to add to its Bitcoin long position.

Tweet of the Day

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...

More Strange Brew

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 ...

Lessons Learned

* 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...

Cryptos Lower

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.    

Market Strength, NABE Survey, Volume Drop, Crypto Mining, Trading MSFT and AAPL

Market Strength, NABE Survey, Volume Drop, Crypto Mining, Trading MSFT and AAPL

The NABE survey is what moved markets on Monday. Don't let some non-practitioner tell you differently.

Is It Time to Be Greedy When Others Are Fearful With Cryptocurrency Equities?

* 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...

A Systemic Loss of Character

* 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...