Michael Saylor's MicroStrategy Has Quintupled This Year. Now, a Formerly Bullish Analyst Thinks Its Time to Short the Stock.

Michael Saylor's company MicroStrategy (NASDAQ: MSTR) has arguably been the best-performing stock in the market this year, even outperforming many of the artificial intelligence darlings that have fueled the bull market. MicroStrategy is up roughly 518% this year.Stocks that grow like a weed tend to attract short sellers who are constantly on the hunt for overvalued stocks, and today's market likely has many candidates worthy of attention. Now, a formerly bullish analyst thinks MicroStrategy's stock is way out of whack and believes it's time to go short. Here's why.Citron Research, run by Andrew Left, recently announced its short position. Citron's main argument is that Bitcoin investing has become easier than ever with the advent of spot-Bitcoin exchange-traded funds (ETFs) and trading platforms like Coinbase and Robinhood. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool