We can corner the Nasdaq 100
Posted: Dec 14, 2024
- Start SaaS company that buys $TQQQ and issues convertible bonds
- Bonds attractive due to high implied volatility of $TQQQ
- Use proceeds to buy more $TQQQ
- Company added to Nasdaq 100, causing value to grow
- Company's stock value rises due to index addition, causing Nasdaq 100 to rise
- Stock value rises as a result of owning $TQQQ
- Company reaches critical mass, stock explodes upwards
- Chain reaction occurs as TQQQ buys QQQ and QQQ buys company stock
- Goal is to own all of the QQQ and corner the market
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - The majority of comments cast doubt or skepticism on the viability of the strategy discussed, indicating a primarily negative sentiment, but with some neutral or humorous engagement. Summarized comments: - Some users are skeptical and see the plan as a potential failure. - MSTR was mentioned as a company related to market volatility. - The strategy involves buying TQQQ and issuing convertible bonds. - There's a sentiment that the plan resembles a complicated financial scheme. - Some comments light-heartedly engage with the plan despite skepticism. Stock tickers discussed: $MSTR, TQQQ
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