Cryptocurrency
from24/7 Wall St.
4 days agoDown 60%, Wall Street Sees 191% Upside in Strategy (MSTR)
Strategy (MSTR) shows a significant price target disparity with Wall Street, reflecting differing views on bitcoin's future value.
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from24/7 Wall St.
6 months agoAm I the only one still buying MSTY to lower my average cost basis?
The YieldMax MSTR Option Income Strategy ETF ( NYSEARCA:MSTY) has been moving steadily lower over the months. With shares now going for $15 and change per share, many investors are wondering if it's worth it to keep buying on the way down to lower that average cost basis or if it's better to just hang on for the ride. In a specific case I stumbled upon on Reddit, a poster asked if they're the only person out there that's continuing to buy on the way down. Of course, this person may feel alone in buying MSTY shares into weakness, but they're not. Many folks on Reddit are just content with hanging on and collecting that massive distribution payout that continues to be quite towering to this day at just north of 92%.
Cryptocurrency
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