Mike Alfred
@mikealfred
Engaged value investor and board director. Recovering tech entrepreneur. Ultramarathon runner with four 100 mile finishes.
Here’s a truth bomb that most investors will miss until it’s too late: IREN isn’t just working on partnerships with hyperscalers on a project by project basis. It’s also quietly and organically growing in to a hyperscaler itself.
Bitcoin loves to make these little headfake moves lower. Just low enough and just long enough to trick the weakest of weak hands in to dumping their coins before continuing higher. Do not fall for it. It has been making the exact same move for as long as I’ve watched it. Godspeed
Bitcoin is doing that thing that it does regularly when it lulls everyone to sleep by playing dead and seemingly doing nothing for just long enough to convince people with little skill or conviction that it will never go up. Then it suddenly wakes up and RIPS YOUR HEAD OFF. Watch
Since I met my wife 10 years ago, I have purchased 3 brand new cars for her. I have driven the same 13 year old Ford F150 truck that entire time. It has 120,000 miles now and I still think it drives fine. Some people might think that's weird but it's who I am and I'm not changing
I think NVO has bottomed here. It's my top idea in the healthcare space globally. Holding 70,000 shares and may add on any weakness going forward. Looking for $100+ in 12-18 months at the latest.
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Bad news on OSCR is now out (which is good). Stonk bounced from $12.50 pre-market to $13+. If it can manage to close green today, it will be a classic reversal day. Let’s see.
This is 100% speculation but the rumor mill is saying Meta deal with CIFR. I'll believe it when I see it but the trading today has certainly been unusual.
This is what I’ve been warning about for a couple years now. Every single spare or idle megawatt will be used for AI and Bitcoin data centers.
"No Spare Capacity": Watchdog Warns Largest US Grid Is Maxed Out Amid Data Center Buildout zerohedge.com/commodities/no…
Bad news on OSCR is now out (which is good). Stonk bounced from $12.50 pre-market to $13+. If it can manage to close green today, it will be a classic reversal day. Let’s see.
To be a true professional, you have to really know what you own and have conviction. If you don’t, days like today will convince you that short term price action has more meaning than it actually does. Especially when trafficking in large size, this is absolutely essential.
I have some personal news. After 8 years of talking about Bitcoin daily, today I sold all my Bitcoin. I’m leaving the space. This volatility is just too painful to bear. From $200 to $1000 to $200 to $20,000 to $3,000 to $69,000 to $16,000 to $123,000. Now $116,700. Can’t do it.
This is the dump before the pump. Standard operating procedure.
Ethereum $3,800. This is a MAJOR move and a very positive signal for all risk assets. Bitcoin is going to rip. Small caps are going to rip. Biotech is going to rip. And the dollar and yields will fall. This is a virtual inevitability at this point. Pay attention. This is our time
If we pump to $120,000 before 4pm EST, you should expect a retracement. If we pump to $120,000 after 8pm EST tonight, you should expect a HUGE week. US Government SBR announcement could be imminent.
The longer we hold at $118,000, the more power we are building for the move to $146,000. The bears are completely F’d. All their hopes and dreams will be dashed. A lot of bear caves will be coming on the market in the coming months. Bankruptcy attorneys will be slammed. Mark it.
This is when you BUY, not sell. Watch and learn how the game is played at the highest levels.
Healthcare is in pure panic territory.