Past dividends are not guaranteed in the future. MSTY held up just fine? If you mean a drop from 46 to 18 is fine, and that happened TWICE in 15 months. Oh you meant the dividend? That dropped from 4 to 1.3, just fine...
He lost me within 2 minutes, when he went after Sailor and MicroStrategy as the fundamental reason MSTY is a dangerous investment.
As a simpleton who only understands buy/sell stocks, I'd never throw my retirement savings into one that looks too good to be real. I bought 1k shares that I will hold (dividends reinvested) for 6 months. At that time I will decide if it's wise to invest more for longer.
Exactly. It doesn't matter if there is some kind of option play behind the idea, if it quacks like a red flag and walks like a red flag, it is a red flag. It is the same old Italian stamp arbitrage Ponzi invented, just a different colored box.
OK, I will dumb it down for you. The whole Yield ETF idea is ridiculous itself, but when it is based on a real company with actual products, we can give it a short pass, it will last for a few years. But when the underlying itself is a ponzi, then the product is just ponzi squared. Or ponzis all the way down. Got it?
There was 14.5 of dividends, but yea, it was a painful drop as msty is highly-correlated to mstr which dropped from 540 to 230, now back to 400 Anyone investing in msty should have high confidence on bitcoin and mstr, or just ignore all the noise and collect dividends
Um yeah...did you forget that the whole time they were paying on average about 2.63 in dividends? The last dividend was 2.37 and price has recovered. Since November with a 100k investment: MSTY up 44% Bitcoin down 5% MSTR down 26% Start date 1-Nov-2024 16-May-2025 Price 27.51 Investment $100,000.00 Shares 3,635 Unrealized gains/loss -$16,793.89 Dividends received $61,398.40 NAV $144,604.51 Monthly income $8,771.20 So since the Nov highs, with MSTY you have happily collected almost 9k per month in dividends with a NAV of 144k Bitcoin and MSTR would have returned nothing but losses...ACTUALLY, if we include lost dividends to them: Bitcoin position is -69k (100k-8k-61k) MSTR position is -88k (100k-27k-61k) So essentially relative to MSTY, your bitcoin position that started at 100k is now only worth 31k and your MSTR position is only worth 12k! I think you are fixated on capital gains which are a complete misnomer because your capital is actually losing ground the entire time sitting there...
I don't think you understand how it works. You remind me of early bitcoin haters lol...oh are you still a bitcoin hater? By hater I mean someone who missed the boat and refuses to come to terms with it. Like @orbit23
Ok, so results will show if this was a wise short term investment or a flop because the ponzi was shut down, right?