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Steven Bell

@StevenBell_1

Followers
61
Following
150
Statuses
156

Ex. Scotiabank IIA - Current. Vol and derivatives Trader. Travel, Hiking, Languages, Yoga, Trading. IBD Writer

Joined January 2021
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@StevenBell_1
Steven Bell
6 months
@bp22 In a way isn't the government funded by inflation? Print more money, then every dollar is worth less. Redistribute that money differently through government programs. Am I missing something?
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@StevenBell_1
Steven Bell
7 months
@TheUltimator5 It was due to the holiday.
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@StevenBell_1
Steven Bell
11 months
@BitPaine @saylor Its the opposite he is selling his shares. No doubt cashing in on the huge premium of MSTR vs. Bitcoin
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@StevenBell_1
Steven Bell
1 year
@SeventhSenseInv I have fair value at $467 once you take into account their debt.
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@StevenBell_1
Steven Bell
1 year
@heresyfinancial This article is horrible as it completely leaves out the debt they have. Fair value is lower than where we are now.
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@StevenBell_1
Steven Bell
1 year
@ryQuant 500 million*
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@StevenBell_1
Steven Bell
1 year
@PunterJeff @ryQuant @saylor LOL, you mean he is cashing out and leaving MSTR shareholders to hold the bag.
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@StevenBell_1
Steven Bell
1 year
@Micro2Macr0 @rustincavel @SteveUrkelDude @ShardiB2 You say no fees but you are forgetting the overhead and stock options that executives are paid out. Saylor for one is selling $216 million in MSTR shares by April. That is effectively way more than the .25% MER the Ishares ETF will charge.
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@StevenBell_1
Steven Bell
1 year
@RiskRuler @mikealfred I'd think they continue to sell off into next week as more money moves away from them and to the new ETF's which will track the price of bitcoin better.
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@StevenBell_1
Steven Bell
1 year
@Dave96641514 @jimmyvs24 Incorrect. They buy and sell intraday.
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@StevenBell_1
Steven Bell
1 year
@BakedPotato0139 @ryQuant It is still expensive relative to assets and debt. Much more logic putting your money in a low fee etf that tracks bitcoin price directly than mstr. Maybe it will be cheap at some point if rotation continues over coming weeks/months
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@StevenBell_1
Steven Bell
1 year
@edeccles @ryQuant Yes you can short ETF's. Probably because a lot of people will dump $MSTR for one of the low fee bitcoin ETF's in the coming weeks.
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@StevenBell_1
Steven Bell
1 year
@Fiilismies08 Great timing to get out. Are you playing the short side now? I cant see how $MSTR underperforms with all the ETF's coming online. Could see it even go to a discount against its holdings at some point.
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@StevenBell_1
Steven Bell
1 year
Short $MSTR, should see outflows tomorrow and in the coming days with a massive amount of ETFs being launched. I also think Bitcoin will fall tomorrow with $GBTC holders running for the exits after a LONG holdtime.
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@StevenBell_1
Steven Bell
1 year
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@StevenBell_1
Steven Bell
1 year
@SeventhSenseInv @smeet_bhatt What about their debt??
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@StevenBell_1
Steven Bell
1 year
@puppyeh1 Check out $ETHC.NE. This little stock is trading at an almost 50% discount to the value of their Ethereum. Management have been cutting costs and are now earning more staking their Ethereum than they are paying out. They also have a NCIB in place.
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@StevenBell_1
Steven Bell
1 year
@ethcap NCIB has been painfully slow, the discount is still massive. Is it possible to ramp it up or return capital to other ways to shareholders? Possibly via a redemption or distributions?
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@StevenBell_1
Steven Bell
1 year
@puppyeh1 Sucks to see, ROC not looking very good now.
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