Aug. 3 at 6:37 PM
$STRC
If this gets anywhere close to 100.00 ITS A EASY SHORT!
-Designed to stay at 100.00 and not go over to buy more bitcoin. Little to no short risk.
- Comapny needs to pump it and buyback shares to keep it up. weak company.
12% dividend payouts for a full year really isn’t that terrible.
$MSTR isn’t going to make it more than 3 years. Even before it fails STRC will cut or stop dividend crashing the preferred first. A failing company buying back a failing preferred is not bullish. A failing money losing company can only buyback their stock so much. A failing loop.
Anything over 95.00 while this buyback is happening is a great hedge to the wealth building with little risk imo.