MSTR if the current bearish case is to hold we can’t go much higher than filling the gap just above. Ideally turning even around now. Otherwise I think we will see one more ATH.
MSTR Any preferred stock sold ATM this week will be based on the spot price of STRK . So it could be that the firms handling the ATM placements are working together to keep the stock price up, buying some themselves and also working the phones to get clients to buy MSTR. STRK is actually up a little for the day, so I suspect that may be what is going on... And it's working. Currently the stock is trading around $8 higher than the implied price (using a 30 day trailing average of 2.39 times NAV).