Quote:
Originally Posted by 1973
If the stock will be doubling in 6 months or 1 year time, does it matters that you bought it at $65, or $60 or $63?
As I said, buy it and hold for 6 months, then you are free to decide if you want to continue to hold or sell.
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From the link which you have provided, this stock has been as low as 17.80 in Y08. Currently, it is 65+ which is the highest for it's whole decade. From common sense point of view, it seem like there is room for it to go below 65 instead of going up to 130 in 6 mth time.
Sorry, I am just basing on common sense/ rational thinking.