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Topic | Stock Topic 8 |
red sox 777 07/17/20 8:51:18 PM #279: | I actually kind of like SOLO. It may be a good buy now, and if it goes below $3 I think it'll look very attractive. I'd buy it but I have no idea about their product. Same sort of deal with Amazon - if it falls some more it may be a good buy. I kinda don't think Monday was an all-time high. While there are a lot people touting it as a "buy and hold forever" stock and saying that it will never go down, which is a sign of an incoming top, the overall sentiment isn't that euphoric compared to some other stocks (just look at Tesla). Plus, it was trading stably between $1,500 and $2,000 or thereabouts for a year and a half from the September 2018 top to February 2020. $3,000 isn't that much higher than $2,000, percentagewise, and $2,000 was seen by the market as a fairly stable valuation. I think if it goes into blowoff top mode it can maybe briefly touch $5,000 before it bursts. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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