I took the hard decision to sell my beloved $RKLB and reallocate into $PL. Not because I think $RKLB isn’t executing or because I’ve lost confidence, it’s actually quite the opposite!! $RKLB remains one of the companies I’m most bullish on in the space industry and the CEO is the greatest of all time. It’s just no longer the best fit for my investment thesis as the industry evolves and my investing strategy being to allocate big where I have the most conviction, so having $RKLB at less than 10% of my portfolio did not make sense for my strategy. I do keep one symbolic $RKLB share in my RRSP bought at $3.72 because it’s where everything started when I started my investing journey 3 years ago. The focus for space companies now is tilted towards "space applications", like $RKLB acquiring $IRDM for $8 billion to get connectivity into their inventory, satellites monitoring agriculture, $PL providing real-time satellite imagery, etc. Among these applications, I see a lot of potential in the development of AI infrastructure in space over the next few years and I believe Planet Labs is positioned to benefit from this. My thesis is that $PL sits at the intersection of satellite infrastructure, Earth observation and AI for both on Earth and potentially in space. $PL isn’t an in-space data centre company today but it is already a pioneer! Planet is $GOOGL’s partner on Project Suncatcher, an initiative exploring the deployment of Google’s Tensor Processing Units (TPUs) in orbit to scale AI compute in space. The first two prototype satellites are expected to launch in early 2027, for an envisioned constellation of 81 satellites. Some benefits of data centres in orbit is that you have unlimited and free power and you do not need water to cool as heat gets radiated out of the satellite into space. It’s essentially a low-latency connectivity satellite like Starlink, but instead of beaming Internet it beams AI results back on Earth. Planet has also been a pioneer in Earth observation and is now rapidly adding AI into its satellite imagery platform. The company has partnered with Anthropic to incorporate Claude to help customers turn raw satellite imagery into actionable insights more efficiently. According to a Bloomberg report from last week, $PL is also in discussions to provide satellite-imaging services to help monitor data-centre construction as it expands beyond its defense/government market. In August, $PL renewed a contract with an undisclosed hyperscaler AI developer to monitor data-centre and semiconductor manufacturing construction globally. Its Pelican high-resolution imagery is being used to track construction milestones at these facilities. I like to see how $PL has been diversifying their revenue lately. I would not be surprised to see an acquisition very soon given they have now $860M in cash following their ATM offering. For FY2027, ending January 31, 2027, Planet expects revenue of $430–441M (+41% YoY) and adjusted EBITDA of $3–10M (-50% YoY) Have a great long weekend!! read more
One of the best parts about the Blossom community is how open everyone is sharing knowledge and experiences. To make things easier for anyone just starting their investing journey, here’s a simple glossary to help understand and simplify various terms. Common Terms: Dividend: A share of a company’s profits paid to shareholders, usually quarterly. Ex-Dividend Date: The cutoff date by which you must own a stock to receive its next dividend. ETF (Exchange-Traded Fund): A fund that holds multiple stocks or bonds, traded like a single stock. Covered Call ETF: An ETF that owns stocks and sells call options to generate extra income (higher yield, limited / capped upside). Earnings Report: A company’s quarterly financial performance summary. EPS (Earnings Per Share): A company’s profit divided by its number of shares. Market Cap: A company’s total value (share price × number of shares). ACB: The total amount you’ve paid for an investment, including the purchase price plus any fees or commissions. Book Value: The value of a company according to its financial statements (assets minus liabilities). Yield: Annual dividend as a percentage of the stock/ETF price. Liquidity: How easily an asset can be bought or sold without impacting its price. Volatility: The degree of price fluctuations in a stock or market. Index: A benchmark of stocks (e.g., S&P 500, Nasdaq, TSX). Bull Market: A period of rising stock prices and optimism. Bear Market: A period of declining stock prices and pessimism. False Breakout: When a stock’s price moves above (or below) a key level, making it look like a new trend is starting, but then quickly reverses back. P/E Ratio: Price-to-earnings ratio (stock price ÷ EPS), used to assess valuation. Blue Chip: Well-established, financially strong companies with a track record of stability. Diversification: Spreading investments across assets to reduce risk. Broker: A platform or firm that facilitates buying and selling investments. Limit Order: An order to buy/sell a stock at a specific price or better. Market Order: An order to buy/sell a stock immediately at the current market price. Bid/Ask Spread: The difference between the highest price buyers offer and the lowest price sellers accept. Dollar-Cost Averaging (DCA): Investing a fixed amount regularly to reduce the impact of market swings. Capital Gain/Loss: Profit or loss from selling an investment for more/less than its purchase price. IPO: When a company first sells shares to the public. Index Fund: A fund designed to mirror the performance of a market index. Short Selling: Selling borrowed shares, hoping to buy them back cheaper. Margin: Borrowing money from a broker to buy investments, which amplifies gains and losses. Margin Requirement: The minimum amount of your own money (equity) you must maintain in a margin account to open or keep a leveraged investment position. Margin Call: A demand from your broker to deposit more funds or sell assets because your account equity has fallen below the required margin level. Time Horizon: The length of time you plan to hold an investment before needing the money. Short horizons = more risk-sensitive, long horizons = more room to ride out volatility. Stock Split / Reverse Split: A split increases the number of shares (e.g., 2-for-1) while lowering the price per share. A reverse split reduces the number of shares (e.g., 1-for-10) while raising the price per share. Your overall value doesn’t change just the math. Long (Being Long): Buying a stock or asset because you expect the price to go up. Short (Being Short): Selling a stock you don’t own because you expect the price to go down, so you can buy it back cheaper later. TER: The total yearly cost of owning a fund, including the management fee plus other costs like administration, audits, and legal fees. MER: The annual cost that a fund charges for management (includes any leverage costs if used). Management Fee: A portion of the MER that goes directly to the fund managers for running the fund. Withholding Tax: A tax deducted on dividends/distributions from foreign investments (e.g., U.S. dividends to Canadian investors face a 15% withholding in TFSA/Non-Registered accounts). Total Returns: The full picture of an investment’s performance, including both price gains and dividends/distributions. CAGR: The average yearly growth of an investment over time. NAV: The price of one share of a fund (stock or etf) NAV Depreciation: When the fund’s share price goes down over time. Mutual Fund: A pool of money from many investors used to buy a mix of stocks, bonds, or other assets. Bond: A loan you give to a company or government, and they pay you back with interest. Asset: Anything valuable you own that can generate money. Portfolio: Your collection of investments. Option: A contract that gives you the right (but not the obligation) to buy or sell a stock at a set price. Future: A contract to buy or sell something at a set price on a future date. REIT: A company that owns real estate and pays investors income from rent. Alpha: A measure of how much better (or worse) an investment did compared to the market. Beta: A measure of how much an investment moves compared to the market. Sharpe Ratio: A way to see if returns are worth the risk taken. Hedging: Protecting your investments from risk. Rebalancing: Adjusting your portfolio back to your target mix of assets. FCF: Free Cash Flow Understanding these terms makes investing far less intimidating. If anyone feels other terms should be included, please share in the comments. I’ll update this post so we can build a complete beginner-friendly resource together! *Sorry tagged a few etfs for reach 🫣read more
Trump wants the stock market to go up; Trump says it is "crazy" that the stock market fell after the August jobs report. “We’re living under false reality… The market should be going UP like a rocket ship.” Seems like someone bought calls!
..... and counting.........using one single KTS #2 Tool. 😂🤣 And I told you exactly how to do it about two years ago. Seriously. Go check for yourself. Open your favorite accounts on this app right now and look at their all-TIME returns. I’ll wait. Nobody’s close. Most portfolios on this app? 😂🤣 In March 2024, I shared a simple ETF approach that could be used to READ, LISTEN to, and TIME the markets to achieve double-digit annualized returns. (KTS #2 – Follow the Sector.) On April 29, 2024, I bought one share of $XME and one share of $XES as part of the “This Is the Way” series to demonstrate the application of KTS #2. Here's yesterday's RE-POST of the original March 2024 post sharing the KTS #2 tool: https://www.blossomsocial.com/posts/KTS-2-Follow-the-Sector-RE-POST__POST-1788528588432-2Vw4Cx2V_qoQV3QbaHcPIAvML And here's the link to the "This is the Way" Series post: https://www.blossomsocial.com/posts/This-is-the-Way-Series-1-KTS-2__POST-1714389509714-79HySrJi_qoQV3QbaHcPIAvML Since April 1, 2025, these two subsectors have returned: $XME: +110% 🏆 $XES: +75% 🏆 While $SPY returned only half of XES and one-third of XME for a measly +38%. 🤢🤮 You could have simply followed my second KTS post and outperformed…….everyone. 🤑🤑🤑 Think about all the TIME you’ve spent building your portfolio since that date? 🤔 Think about how you are juggling the daily ups and downs of economic data, concerned about whether you should be in …. or out of the SpaceX IPO. Is the semiconductor rally over? Is Crypto a buy again? Is the Fed going to raise or cut rates? The country’s debt is unsustainable!?!?!? Silver & Gold are back???? What’s Michael Burry thinking? What’s BlackRock buying? Are software stocks back for good? What’s going on in the Middle East? China and North Korea!?!?!? Russia-Ukraine??? Whatever happened to the ESG movement? Is TRUMP just saying shit to keep markets propped up until the midterms? And is the SpaceX IPO – at the highest level of understanding – just Elon Musk selling a new crypto coin to the Teachers’ Unions??? 🤣😂 You think this helps you. But does it? Does half of what you read really matter? Maybe it’s interesting. Maybe you’d rather be catching every financial news development because it’s your passion. But is it necessary for portfolio outperformance? 🤔 The answer is no. No, it’s not. That should be music to your ears! 😀😃😄😁🙂😊 There are even popular members of this community who preach spending 50–100 hours researching a single company before investing 😂🤪🫨😳🤣😆. And their profile shows an all-TIME return of……………-1.65%! WTF!?!?? In the greatest bull market of their life 😂. Oh geez. Keep it up basement boy - maybe you’ll get there one day? 😂🤣 Meanwhile……. successful investors step back to see the big picture. They read the plan and the strategy we laid out. They see it playing out in real-TIME and are reaping the rewards of their intelligence – and got their weekends back. 😎 Answer this honestly. It’s April 29, 2024, and you get to run it again. Door 1: Buy XME and XES, close the app, and go live your life for two years. Door 2: Your “sophisticated” portfolio, your watchlist, your 100 hours of research, your swing trading. Blah, blah, blah, blah, blah!!! 😂 Which door do you walk through? 🤔 I’ll give you 5 minutes to digest that……even though it should only take you 5 seconds. 😂 Or maybe you’re buying XEQT, VFV and other passive funds? Do you even know how just ONE measly percent of outperformance impacts your retirement age? 🤔😅 If not, read this: https://www.blossomsocial.com/posts/Why-Outperforming-the-SandP-500-Index-Matters__POST-1712844746313-WeQtSmOp_qoQV3QbaHcPIAvML Look at the chart attached and tell me which sector you would have wanted to own over the last 18 months. I’ll tell you what: my first pick wouldn’t be the line at the bottom (S&P 500), but that’s just me. Wanna know the best part? $XME and $XES have chopped sideways for most of this year (2026) building potential energy….and STILL beat virtually everyone on this app. Now wait until that coiled energy converts to kinetic energy! 🚀👩🚀😅😂🤑🤑🤑 And the party isn’t over. I told you when I bought it..…and you had a 2-year window to enjoy my content for free and learn an alternative approach designed to outperform any type of market. The ones who could recognize the true value and listen are now members because they understand that they can outperform for the rest of their lives by stepping back and reading the market instead of the news within the context of the real estate/banking crisis cycle. They’re also the only ones who’ll know when $XES and $XME aren’t favored sectors anymore. Always remember that I want you all to win! But I can’t do it for you. You have to recognize for yourself that conventionalist propaganda will never allow you to outperform… and take the steps to change that. Learn about membership here: https://www.beskarcapitalkts.com/ Natural selection is alive and well. I always give you my best. 🏆 This is the Way! 🏄🌊 read more
Having a platform or impressive credentials doesn’t make someone infallible. People, even professionals, make mistakes all the time. Whenever someone claims a glaring error could never make it through a professional media room, I think about this. In 2020, during a broadcast on Brian Williams’ show, one of the guests was Mara Gay, who was a member of The New York Times editorial board at the time. Williams himself was a longtime national news anchor. MSNBC aired this tweet: “Bloomberg spent $500 million on ads. The U.S. population is 327 million. He could have given each American $1 million and still had money left over. I feel like a $1 million check would be life-changing for most people. Yet he wasted it all on ads and STILL LOST.” Williams read it on air, and both he and Gay treated the math as correct, calling it an incredible way of putting it and agreeing with the point being made. The actual math works out to about $1.53 per person. What gets me is how far the mistake had to travel before it ever reached the screen. Someone had to write the original tweet. Enough people had to see it, like it, share it, or repeat it for it to eventually find its way into the media. Then someone involved with the broadcast had to find it, read it, and decide it was worth using. Someone else had to turn it into the graphic that appeared on screen, and it had to be loaded and prepared for the broadcast. We obviously don’t know exactly how many people reviewed it along the way, but the point is that this was not just one person making a bad calculation. The mistake passed through multiple stages before it reached national television, and it still wasn’t caught. To their credit, they corrected it after the commercial break. Williams joked that he and Gay must have gotten the same grades in math, and Gay later joked that she was buying a calculator. But this is a great reminder that something can sound convincing, be repeated by smart people, make it through a professional process, and still be completely wrong. Always check the math read more
https://finance.yahoo.com/technology/ai/articles/palantir-jumped-7-7-expanded-123838463.html $PLTR "AI's greatest opportunity isn't in isolated use cases — it's in fundamentally changing how enterprises operate," Patrick Pugh, Global Alliances & Ecosystem Leader at PwC US, said in a statement announcing the collaboration. "By bringing together PwC's business transformation and industry experience with Palantir's technology, we're helping clients transform critical operations, make better decisions and deliver measurable results."
I’m a Millionaire. It Doesn’t Feel Like I Thought It Would. Here’s something that feels strange to say. By the traditional definition of net worth what we own minus what we owe our household would technically be considered millionaires. I’m not saying that as a flex. In fact, that’s kind of the point. When I was younger, a millionaire meant big houses, fancy cars and expensive vacations. Basically, Lifestyles of the Rich and Famous. If you just heard Robin Leach’s voice, congratulations …..you’re probably my target audience. But being a millionaire at 53 looks surprisingly… normal. We have investments and equity in our home. We also have a mortgage, and I still get up and go to work. What got me thinking about this was my friend @williamwang23 Will’s recent post about becoming a millionaire in his early 30s. That’s an incredible accomplishment. But what really stands out to me is that Will became curious about money early. He learned, saved, invested and, most importantly, gave his money time. I didn’t start DIY investing until I was 50. We saved and built home equity, but I didn’t become curious enough about investing and money until much later. And I have to give @moementumfinance Moe credit for the word curious. He talked about it during our panel at BlossomCon, and it really stuck with me. Over the last three years, I’ve asked more questions, learned more and become much more financially literate. I’ve also made mistakes. I’ve posted things that weren’t quite right, and people here have corrected me. I’m good with that. Being financially literate doesn’t mean knowing everything. It means being curious enough to ask questions and open enough to learn from the answers. I wish I’d figured that out at 30 instead of 50. Because Will and I might technically carry the same “millionaire” label today, but he’s given his money decades more time to compound. That’s why the number itself is so relative. Our goal is still to build a $1 million+ investment portfolio by retirement. On paper, our net worth could eventually be well into the millions. But we’re not planning a Lifestyles of the Rich and Famous retirement. We want to travel, enjoy our time, help our kids when we can and have enough that money gives us choices. And maybe that’s the funny part. Technically, I’m already a millionaire. But we’re still working toward becoming what younger me thought a millionaire was. Not the mansion or the yacht. The freedom. The security. The choices. Maybe that’s what being wealthy really means. What does being a millionaire mean to you? read more
0.01% of my portfolio implode! Noooooo! How will I sleep at night! This is a testament to the fact that really anything can happen. A balance sheet doesn't tell you where a company is going. Then the company tells you where it is going, you get a day like this and have to decide if they are just yanking your chain or not..... In conclusion, telling the future is tough as nails. things like $LULU happeb all the time, and the only way around it is broad diversity. Holding single stocks isnt just volitile, it is more often then not a losing bet. The saddest part is that you wont even know why till after the fact. Lulu Lemon doesnt have to recover from here. if it does that will be nice. If it doesn't, that will simply be average.read more
The next AI bottleneck is POWER ⚡️ — and these stocks have recently pulled back. If you were at blossomcon I’m sure you heard me emphasize how important power , electricity and grid upgrades will be in order for ai and physical ai to move forward. This is one of the reasons why I continue to increase exposure to electrical infrastructure Power is the next AI bottleneck because chips now arrive faster than electricity, transformers, and grid connections. Jensen Huang calls electricity “the bottleneck,” not GPUs. Energy sits at the base of AI infrastructure: factories turn electrons into tokens, so revenue is tokens per watt. He expects small nuclear reactors beside data centers and says computing may need ~1,000× more energy as agents run continuously. Elon Musk says the limiter moved from chips to transformers to generation. The U.S. will soon make more chips than it can power; he cites ~15 GW of 2027 compute sitting idle. China scales solar faster. His fix: on-site turbines now, solar satellites later. Gavin Baker frames two constraints—watts and wafers. Power shortages slow overbuild and make tokens-per-watt decisive. Watts ease around 2027–28; zoning remains a choke. Chips take months. Gigawatts take years. $VST — Generates massive amounts of electricity from nuclear and natural gas. Has 20-year nuclear power deals with AWS and Meta, giving it direct exposure to Big Tech’s growing power needs. $CEG — America’s largest nuclear operator. Supplies huge amounts of reliable 24/7 electricity, with long-term power deals tied to Microsoft and Meta’s growing data-center needs. $GEV — Builds the gas turbines and grid equipment needed to create and move electricity. AI data centers need huge amounts of new power generation, making turbines increasingly important. $VRT — Builds the power and cooling infrastructure inside data centers. Think liquid cooling, power management, UPS systems and increasingly microgrid infrastructure. $BE— Provides onsite fuel-cell power, allowing data centers to generate electricity closer to where it’s needed instead of waiting years for new grid connections. $CCO— One of the world’s largest uranium producers. Uranium is the fuel that keeps nuclear reactors running, giving Cameco exposure to rising nuclear power demand. $ETN — Makes the electrical equipment that gets power into and around the data center — breakers, switchgear, transformers and power-distribution systems. read more
Bought an Australian stock $TEA at A$5.13 when 1 AUD was only around C$0.86. Now the stock is around A$9.88, and AUD/CAD is basically around parity. So I didn’t just make money because the stock went up; the currency move helped too. My original 2,331 shares cost about C$10.3K at the time. At today’s stock price and roughly 1:1 AUD/CAD, the position is worth about C$23K. That means roughly C$3.2K of the current value difference comes from FX alone compared with what the same position would be worth if AUD was still at 0.86. This is one underrated part of investing internationally. The upside: If the foreign currency strengthens against CAD, your returns get an extra boost when you convert everything back. The downside: It works both ways. You can pick a stock that goes up 20%, but if that country’s currency drops hard against CAD, part of your gain can disappear. So when buying international stocks, you’re technically making two bets: 1. The company 2. The currency Sometimes both go your way. Sometimes FX absolutely ruins the party. read more
One of the most overlooked $SOFI numbers from Q2: SoFi Invest products grew 38% YoY to 3.93M. But brokerage fee revenue grew 140% YoY to $18.1M. That means brokerage revenue is growing nearly 4x faster than the number of Invest products. SoFi isn’t just getting more people onto Invest. The monetization of the platform is improving too.
A simple one: Do you own at least ONE stock or ETF in the commodity space? (oil,gas,coal,uranium,gold,silver,wheat,rare earths, etc.) This is the Way! 🏄♀️🌊🏄♂️🌊🏄🌊
$QQQ The diagonal continues to act as resistance, with an indecisive daily candle inside a 3-month series of lower highs. Filling the 729 gap first would likely trigger a bull trap; bulls need to fill 701 first. $SMH$NVDA$AAPL$MSFT$GOOG will fuel the next move.
If I was given $100,000 RIGHT NOW snd couldn’t sell until 2031 this is how i would invest it👇 $AMZN$20,000 $MELI$15,000 $META$15,000 $APP$15,000 $NBIS$10,000 $ZETA$10,000 $SOFI$10,000 $CELH$5,000 I believe these companies will all greatly outperform the market. How would you invest the 100k? read more
$AMD just unveiled another monster AI system. The new Threadripper Halo Station packs a 96-core Threadripper Pro CPU, up to four Instinct MI350P accelerators, and as much as 2.6TB of total memory. This is basically data center class AMD AI hardware packed into a single workstation. Another example of AMD pushing Instinct into more AI workloads and putting its hardware directly in the hands of developers.
Since so many people ask how to invest in this sector, or this country, or this asset, I’ve decided to make a comprehensive guide on how you can invest in specific areas. This is NOT portfolio advice, simply information about tickers that you can research yourself. Save this for later so you have a list of ETFs to come back to! Canada: $XIU$XIC$ZCN All expose you to the TSX in Canada. These ETFs consist of all top Canadian companies and access to our national stock exchange. $VCB$VGV$VLB$VAB$VSB$VSC$XBB$XCB Expose you to Canadian bonds; whether it be long-term, short-term, corporate, government, etc. $VDY$XEI$CDZ Expose you to Canadian dividend companies $XRE$ZRE$VRE Give access to Canadian REITs $ZEB$XFN$RBNK Lets you buy the Canadian banks USA: $VFV$ZSP$XSP$XUS$HXS Lets you buy the S&P 500 (learn about hedged vs. unhedged in my other post) $XQQ$HXQ$ZQQ All give you access to the NASDAQ 100 $IWR$VO$VOE$VOT$IJH$SCHM Lets you buy US Midcaps $IJR$IWM$VB$VBR$VBK$SCHA Lets you buy US Smallcaps $DIV$SPYD$RDIV$DHS$VIG$SCHD$VYM$DGRO$SDY Give access from small to high dividend US companies $VTI$ITOT Lets you buy the whole US market $TLT$IEF$VGIT$GOVT$SHY$VGLT Give access to US bonds $XLC$XLY$XLP$XLE$XLF$XLV$XLI$XLB$XLRE$XLK$XLU All give you access to each sector in the S&P such as financials, energy, healthcare, etc. International: $XEQT$FEQT$VEQT$ZEQT Give you an all-in-one exposure to Canada, US, emerging and global markets. $VEA$IEFA$SCHF$SPDW$EFV$EFA Give access to general international exposure $EWJ$EWU$EWC Gives direct access to developed international countries $INDA$MCHI$EWT$EWY$EWZ$EWW$EIDO$EWM Gives direct access to emerging international countries Assets: $KILO$PHYS$CGL Let’s you buy gold directly through ETFs $SVR$HUZ Let you buy silver through ETFs Savings/Interest: $CASH$HISA$PSA$HSAV Access to Canadian savings and interest payments $HSUV-U $PSU-U $HISU-U Access to US savings and interest payments There’s so many ETFs I didn’t go into with dozens of categories, but this should give you some basic starting point to look into your ETF investments. This is simply the starting point, when choosing your investments always research the ETFs, what they provide to you, their fees, your goals, your risk, and what you’re looking to get out of investing. As always do your research and happy investing! Subscribe to the newsletter: relatablefinance.substack.com read more
Oh, I'm sorry... did that come off sarcastic? I really mean it though. I'm no pro, by any measure, but I do my best and I like to think I'm getting better as I go. I've beaten the market (whatever the hell that means) every year, since opening my Wealthsimple account five years ago... but modestly... I'm no savant and haven't found the "secret" stock that "everyone is ignoring". This year, I'm behind the market and it's become clear that it's because of some blindspots. So, the plan is to keep doing what I'm doing, which is to say, stay open and flexible and learn from mistakes (but always remember to celebrate the wins)! Here are a few tips I've learned along the way: 1. Surround yourself with people who are better/smarter than you. 🤓 Watch them closely and track their claims/trades. 2. Filter out the angry/negative people. I call mine "Bradleys", but you can call yours whatever you want. 😜 These dudes (yes, by far, mostly men), are typically stuck in their ways and get really pissed if anyone does things differently. 3. Watch videos, read articles/books, listen to podcasts. Try to avoid the "this is the next big stock!" types. 4. Take all of this and use what you've learned while you explore websites like Finviz, Tradingview, Seeking Alpha, StockAlalysis, etc. 5. Don't be a 🐱 . Learn to recognize when you have a good idea and commit. Also, recognize when you 💩 the bed and take the loss. 6. Don't be a 🍆 . Be nice and helpful to the people who know less than you, or shut the 🤬 up. So, I don't know why I felt the need to write this. Probably, I have some sort of disorder... not that there's anything wrong with that! 😜 Here are some stocks that caught my interest recently. Two of these were put on my radar by @moe_on_margin (see step 1) and one of them, I liked enough to take a small bite from. read more
Well, I “bought the damage” as the Ninepoint Shares newsletter would say lol. Just added 955 shares of MSTE at $2.50 and brought my average cost down to $8.38. Really betting on the Clarity Act vote on September 15th — if it passes, I think it could help kickstart the next crypto bull run. The Digital Asset Market Clarity Act is the most significant U.S. crypto market-structure bill to reach this stage. It aims to end years of regulatory ambiguity by creating a statutory framework for digital assets. My second bet is that 🟠 Strategy 🟠 (MSTR) gets added to the S&P 500 sometime this fall. One of the reasons they’ve been selectively selling some of their Bitcoin is to help clear the path for inclusion. Under GAAP rules, Bitcoin is marked to market, so big unrealized losses can wipe out profitability and keep them ineligible. By selling a small portion of their holdings, they’re building cash reserves (to cover preferred dividends and reduce dilution risk) and shrinking the size of those mark-to-market swings. That makes their earnings look more stable and “operating-company-like,” which is exactly what the S&P committee wants to see. Happy Investing Everyoneread more
