Independent thinking for complex markets and current events
Saylor milking the markets beyond recognition. We all know how it ends. https://t.co/TMNYG4PtDS — The Great Martis (@great_martis) January 4, 2025 Is crypto used by Americans for non-speculative reasons? The Fed recently surveyed 4,578 people, asking if they had used crypto for payments or transfers in the last 30 days. Only 19 participants (0.4%) said …
Late to this party but this is wrong under any reading of the convertible notes prospectus. If the stock is below the conversion price, noteholders get their principal and accrued interest paid back in cash, not stock The fact he is saying this only feeds the “docs don’t matter, fiat don’t matter, equity don’t matter …
OUCH! German private sector slides deeper into contraction on services, dealing another blow to an economy grappling with a govt collapse alongside flat-lining growth. The composite PMI dipped to a 9mth low of 47.3 in Nov from 48.6 in Oct – holding below the 50 threshold separating expansion from contraction. Services PMI unexpectedly dropped below 50 …