A quick summary from an article in Ignites this morning. Good to have someone at Capital Group who is into bitcoin. Cap Group is one of MSTRs largest shareholders
“Mark Casey, a veteran portfolio manager at Capital Group, is an outspoken advocate for Bitcoin. The longtime mutual fund company, which is known for its cautious investment style, has invested billions in companies that hold large amounts of Bitcoin on their balance sheets, including Strategy (formerly MicroStrategy), Metaplanet, and Mara Holdings.”
I was in the mood to gamble, so I prepped an order to buy 2000 shares of $NAKA under $3. But Fidelity rejected my order, saying they weren’t allowing someone to establish a new long position. What is going on here?
Fidelity on bitcoin:
“If you have a time horizon of, say, 4 to 5 years, you may want to be cautious here,” says Kuiper. “If you buy now, you might end up getting in at the top and experiencing a 60%, 70% drop in price or more, based on how bitcoin’s price has acted in previous bear markets.”
https://www.fidelity.com/learning-center/trading-investing/crypto-outlook
Please explain using the stock price chart where shareholders of Semler benefitted from buying bitcoin that last couple of years. I’ll hang up and listen
This strikes me a terrible ad for a college. The area that Paul Smiths is in is very cool and outdoorsy. Why advertise it with a picture of a fat girl and a reminder that when surrounded by girls this ugly, you’ll be forced to masturbate to survive