Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (6 issues)
A -1.31% drip lower, still capped below every moving average with RSI at 44.8 after nearly halving in three months. It trades as a Bitcoin proxy tangled in dilution-versus-preferred-buyback financial engineering debates—plenty of community noise, no organic catalyst; sidelines.
Down 2.68% with RSI at 47.5, perched above the 20-day at $96.66 but 75.8% below its 52-week high and far under the 200-day at $151.91; the leverage in a bitcoin proxy bites hardest on the way down.
Up 3.26% with RSI neutral at 50.4, yet 75.9% below its high and under the 50-day at $106.34 and 200-day at $152.94; an unanchored bitcoin proxy. Sidelines.
A faint +0.8% bounce for the -39% YTD leveraged-bitcoin proxy; observing the endgame after the coin-price and premium double hit
Flat at $100, -35% YTD; the leveraged BTC proxy cuts both ways, sidelines
Reclaimed $100 with a 7.9% pop, still -35% YTD — the double-edged beta of a leveraged BTC proxy