Feb 28 Investor Update:

in voilk •  5 months ago

    Feb 28 Investor Update:

    • Feb 28 Options Trades
    • AXON - big move today
    • Bitcoin/Ether Update

    Feb 28 Options Trades

    Here are the option trades for today:
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    AXON - big move today

    The company that is famous for TASER saw it stock POP up $37 today. 2024 earnings for the full year is looking good and the company is doing well. Some new products are coming like Taser 10 and Axon Body 4! Both of those are just upgrades to existing products.
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    Why do I like AXON? This has nothing to do with more crime or less crime in America, but rather the focus on video evidence of each encounter. This protects both the cops and the public that has to deal with the cops.

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    This company has some simple things that I understand when it comes to investments:

    • monthly subscription model (like SaaS - Software as a Service) for MRR.
    • Razor Blade Business Model. Tasers need to be replaced all the time.
    • Videos (Body Cams/Dash Cams) is a growing business with more departments wanting to leverage that technology.
    • "AI" Stock? Maybe. AI can be a feature added to their suite of products to improve each stage of the encounter:
      a. Improve identify management/vehicle license tag ID.
      b. FACIAL Recognition / Tattoo markings ID.
      c. Pursuit location Text to Speech (helps with communication)
      d. Auto List of Charges (AI reviews evidence and list charges).
      e. Chat bot AI -> Ask questions to help collect evidence.

    Bitcoin/Ether Update

    The biggest news is for those who follow Bitcoin and Ether! Bitcoin has surprised many people this week.

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    I starting to hear about people "FOMO" and they started buying BITCOIN as of Wednesday (while they were not buying it a week ago). They were the type of folks who were on the standings waiting for Bitcoin to drop to 20K before considering it. Now it is up to $60K and the halving is still coming up.

    However, others don't care about the halving right now, rather they are following the ETHER Spot EFT approval. Many believe ETHER will have its ETF come mid-MARCH.

    If you look at my trade posted on Feb 27 (or in today's screen capture), you will see that I purchased 100 SHARES of ETHE (Grayscale ETHER Unit Trust). I going to play this short-term move by adding to my existing position of ETHE.

    What moves did you make?

    Have a profitable day,
    Solving Chaos

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