So, he still has a fair chunk, to be fair. 114,636 shares, which equates to 0.17% of the total. It’s just… a 9.48% reduction. Like a tiny, incremental erosion of faith. Or maybe he’s just rebalancing his portfolio. One tries to be rational.
Enter Minus Wells, our crypto commentator turned crypto convert, who’s now boldly proclaiming that he was wrong to be a “hater.” Because when you’ve been publicly shaming a cryptocurrency and then decide to eat your words, you might as well pair them with a nice Chianti and call it a dinner party. In a recent post on X, he declared himself a “changed man,” which sounds like the title of a self-help book that promises you can also become a millionaire overnight.
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On the 30th of January, these advisors, with a flourish and a scribble on a piece of paper, parted ways with 129,169 shares of this TBIL business. The total value of the shares decreased by $6.46 million. This wasn’t just the shares shrinking, mind you, but a combination of selling and a bit of a wobble in the price. It’s like a slightly deflated balloon animal – still there, but not quite as bouncy.
Over the last decade, a particular digital asset – Bitcoin, to be precise – has experienced a price appreciation that could politely be described as ‘significant’. (Approximately 22,000%, as of January 26th. Which is, statistically speaking, a lot.) The question, naturally, is whether this upward momentum will continue. My admittedly speculative prediction is that it might, potentially rising tenfold over the next ten years. (This prediction, it should be noted, comes with the standard disclaimer: past performance is no guarantee of future results. Especially in a universe governed by chaos theory and the unpredictable whims of market participants.)
The figures, coldly presented, conceal the intricate choreography of incentive and obligation. The weighted average purchase price of $16.04, as reported, feels a deliberate obscuring of the true cost – the cost not in currency, but in the erosion of trust, in the acceptance of a system where personal gain is so readily interwoven with the fate of the enterprise. The market close price of $16.19 on that same day merely confirms the relentless, often inscrutable, logic of speculation.
The pursuit of profit, you see, is not a purely mathematical equation. It is a moral struggle, a test of endurance against the inherent chaos of the human condition. Mirum, like all its brethren in the biotech realm, is engaged in this Sisyphean task, forever pushing the boulder of research and development uphill, knowing full well that it may yet come crashing down.
Let us, then, examine this curious case. It is not merely a question of numbers, you understand, but of appearances. And Fiserv, at present, presents a decidedly unpolished facade.
The weighted average purchase price was $26.96, and the market close on the 21st was $26.38. See? They could just tell you that plainly. But no. They have to add all this extra…stuff. It’s like they’re actively trying to obfuscate the information. I swear, some people just want to watch the world burn…or at least make my job needlessly complicated.
The stock had been up 111% over the past year, which is, admittedly, impressive. It felt like a late-stage party where everyone pretended the fun hadn’t already peaked. The optimism, fueled by promises of turnarounds and a surprising influx of cash from Nvidia, SoftBank, and the U.S. government (who, let’s be honest, are always looking for a good investment, or at least, the appearance of one), was…fragile. The recent guidance, though, was the equivalent of the band announcing they were taking a break mid-song. Investors, predictably, panicked. They started booking profits, as if anticipating a very long, awkward silence.