mtn drew
mtn drew
BTC+0.82%
sold my $CEP position to free up risk to get back into $MTPLF still see opportunity there but i see too much opportunity cost at this point in time MTPLF - the price slid the week before last and the market immediately at it up. demand is there to absorb the mercenary supply constantly coming online. management continues to execute the strategy at breakneck speed. they still have a very unique advantage in the Japanese market. the high mNAV is justified. CEP - Still relatively cheap looking, but the timing isn't great right now. I'm hoping it sells off irrationally when the PIPE shares get registered like we have seen happen with SBET and UPXI. If it does, I will be buying that dip with haste. CEP is not 100% pipe like SBET and UPXI, it should recover quickly. The other investors are likely to be long term hodlers. If we don't get a good PIPE dump, then we'll have to see how the setup compares to the competition and see if the mNAV warrants moving risk out of the other bets into CEP.
mtn drew
mtn drew
exited my $MTPLF position for the time being mNAV is pretty high and BTC is just chopping feels smart to at least wait and see how the market reacts when this big batch of shares from evo fund start getting exercised the CACs all seem to be stuck in a bit of a limbo period right now
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