Originally posted by jiesen
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Jiesen tries to take over the world
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I asked Gemini to tell me what my MSTR trade last week came out to, on an annualized basis. Here's what it said:
MicroStrategy (MSTR) Trade Analysis
Your MSTR trade achieved an absolute gain of 11.5% in just a single day. On an annualized basis, this performance is statistically staggering due to the extremely short timeframe:- Simple Annualized Gain (APR): 4,199.1%
- Compound Annualized Gain (CAGR): 1.82 quadrillion %
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So is now a good time to hit you up for some cash?Originally posted by jiesen View PostI asked Gemini to tell me what my MSTR trade last week came out to, on an annualized basis. Here's what it said:
MicroStrategy (MSTR) Trade Analysis
Your MSTR trade achieved an absolute gain of 11.5% in just a single day. On an annualized basis, this performance is statistically staggering due to the extremely short timeframe:- Simple Annualized Gain (APR): 4,199.1%
- Compound Annualized Gain (CAGR): 1.82 quadrillion %
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Just picked up some SATS shares today at 116. This company is Echostar, and its main asset is a large chunk of pre-IPO SpaceX stock, so basically the easiest way to get in on the SpaceX IPO this year is to buy SATS and hold onto it until then. I think SATS should more than double by the time SpaceX launches this year! Of course, anything can and will happen between now and then.
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So what am I doing with all these falling knives whizzing by me today? gonna catch one of course!
I just bought some MSTR today at 119, and will sell it in a week or 3 at 135. I thought about getting more SATS, or B, but I'm good on those already. Wanted to have a bit more bitcoin exposure, hence the MSTR. It could easily drop another 10% next week, but likely it'll be right back up again when bitcoin rebounds back into the 70k range. Just putting a little bit into this, as it's a highly risky bet in this market. (And I wouldn't recommend anyone else try it either)
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