I know what if tech rips--> $77 in a heartbeat remember this sector is the hottest sector right now don't let anyone fool you/
There's sectors, and then there's stocks.
Elaborate.
Why $77?
Because it was at $90?
That is the biggest trap there is.
We have people that read this thread Stoney, that carries a certain degree of responsibility.
Folks that are new to the market, they look at a stock and say "it was just at $90, I'm buying in at $70!"
That's the biggest mistake in the world.
Honestly, I would think you would know that.
Is the Green Garden about short term momentum, or is it about wealth creation via stocks?
It can certainly be both., but I think GBA has the responsibility of distinguishing between the two.
For the folks that read this thread.
Personally, I wouldn't touch this stock.
Will Google or Amazon or a few others pull up the index and drag these things along?
Maybe.
But when the dust settles, water always seeks its level.
I really think you should work harder on distinguishing a short term momentum play vs a long term wealth building play. It gives GBA more credibility.
Which one is APPS?