This is madness. If you want to invest in BTC leverage why would you not just use 2x EFTs instead of investing in a company that doesn't actually make money and trust the guy that just been charged for tax evasion....
Yer I first started with CBA when I was about 7 years old with a Dolomites savings account..... they basically stole the money back by the time I turned 18 with Fees, then as an adult I used them for a mortgage after about 18 months I couldn't understand why the capital was going down and the interest amounts kept going up, enquired at the branch.... mortgage consultant says sorry I don't understand how the interest is calculated, well that's kind of your job! Long story short they make money by being dishonest from memory the term they use is "collateral damage". Hence why they have never have in my stock portfolio.
It's not like they are buying the dip for BTC last purchase was at 106000 already down over 10% (that's 51million loss from one trade). if BTC drops another 30-35% (there avg is around $62k ) we revisit a crash like FTX, Celsius, Terra etc etc all over again, except this time it's going to be wiping superfunds, leverage BTC and Supermicro ETFs and so on! They don't own the BTC it's a loan of a loan of a loan then a bunch of investor IOU's! And the company makes no money!
Can't see why you wouldn't buy, I mean only a recent inside trader fine and proposed share dilution coming up. Not the mention 2024 underperformance Shut up and take my money!
I guess you just recommend this stock to your subscribers??? You neglected to mentioned the Class action filed against the company!!! https://www.accesswire.com/930159/class-action-filed-against-super-micro-computer-inc-smci-october-29-2024-deadline-to-join-contact-levi-korsinsky
$Chewy, Inc.(CHWY)$ I found this article for you: - https://www.investing.com/news/stock-market-news/chewy-executive-conducted-insider-trading-over-pet-insurance-partnership-sec-says-3636885
Ok so if in fluencer hold a position and it goes up they must have influenced it I.e chewy? It most definitely wasn't say a positive earnings or similar?
Great read, thanks! I’m still not entirely convinced that the halving is what drives the price up. Stocks seem to follow a similar cycle, and it coincides with election years. Something to think about!