@dagger212's thread

dagger212
68
@dagger212
ยท

Since getting my SURGE position to the number I wanted 4 weeks ago, I have collected just over 2% more of my entire position. In a month. That means I'd collect around 30% (probably more) in a year, as it compounds weekly.

But it gets better. Not only am I collecting 30% more, I'm getting it at a 35% discount to its par pricing of $1. That means that when this 30% gets back to par, my actual return would be close to 80% on just the dividend part of the equation. Throw in the return on the discounted core position, and my return could reach close to 100%! On a downside-protected, stable asset backed by the LEO that LeoStrategy keeps acquiring every single day.

And this is just at a par price of $1. If and when LEO starts moving, SURGE could trade well over $1. And then there's the LSTR conversion...

The only question you need to ask yourself is: Are LEO & LeoStrategy going to continue to grow? I am 100% certain they are so this is a no-brainer for me. Nfa but...

It's math.

No replies made yet. Would you like to be the one to do so?