I know that the price drops commisurate with distributions.
I don't understand how price action works on MSTY.
What would it require for MSTY price per share to go back up for example to $27?What would it require for the MSTY price per share to go back up, for example, to $27?
Why MSTY Will Never Go to Zero — Even If MSTR Crashes 50%
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So if I take my MSTY payout and drip it into MSTR or MTPLF could this be considered an effective way to counter “Nav erosion” if BTC and those companies perform as predicted? Obviously my MSTY will “erode” but Im still up.
Ignore PFIC at your own peril.
Failing to address this could have severe consequences for U.S. investors.
At the very least, listen objectively and provide feedback.
x.com/theMSTRdude/st…
Ignore PFIC at your own peril.
Failing to address this could have severe consequences for U.S. investors.
At the very least, listen objectively and provide feedback.
x.com/theMSTRdude/st…
Going to repost this:
Still no definitive word on PFIC?
In a non-tax advantaged account aren’t we stepping into the unknown with profits?
It appears nobody is concerned.
What appears to be a recurrent theme:
1. MSTY will inevitably fail.
2. MSTY will only be viable for 1-3 years, maybe.
3. MSTY get in, get out while it lasts.
4. MSTY NAV will trend to zero.
5. If it sounds too good to be true...it is.
6. During a Bear switch to WNTR.
You have $10,000 in debt at 8.9%
You have $10,000 in cash.
Do you buy $10,000 of MSTY and pay off the debt with the dividends or do you just pay off the debt?
If you don’t “ever” plan on selling your MSTY and want to keep receiving the monthly does NAV erosion matter?
Is there a point where all of your NAV is eroded away and you no longer receive the monthly payout even when you own the shares?
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