Latest Insights on PETS
COIN Respites, Drone Delights & Free-Falling Flights
June 14, 2022 Great StuffHodled To Death Great Ones, I owe y’all an apology. Back in January, I fell victim to one of the classic investing blunders: believing more in an idea and its potential gains than reality. The hardest part about all of this is that … I already knew the answer. Today, we’re selling Coinbase Global (Nasdaq: […]
The $3.96 Billion Margin CallMicroStrategy's Michael Saylor was one of the biggest advocates of bitcoin as it rose and rose throughout 2020 and 2021. His software company started acquiring the cryptocurrency as a Treasury reserve asset, presuming it might be a more stable store of wealth than their dollar-based assets. It wasn’t, and now Michael Saylor is just a few bad trading days away from a $3.96 billion margin call.
Simmer-Down Sunday: On Chewy, Churros & Corporate Crocks
June 5, 2022 Great StuffThe Cost Of Being Chewy Is there any sweeter sound for an investor than “surprise profit?” Umm, how about an extra hour of sleeping in? Or another Monday off? Or the phrase “I just made some churros, want any?” OK, you got me there… If I were a Chewy (NYSE: ) investor, I’d probably take […]
Bitcoin Just Gained Another Billionaire AllyOne legendary investor is now a self-proclaimed “bitcoin bull.”