That page gave me quite a laugh. Lagging indicators. What did they say at 100? Hmmmmmmmmm.
So much advice is available to help the investor lose money.
This large move has been 100% linked to sentiment.
That cannot be stressed too much.
The call for profits has replaced the starry .com optimism, and the change in feelings has been massive.
To sell now is ridiculous.
The stock will eventually break past previous highs, but it may take awhile. It could require 3-5 years, believe it or not, but might also happen sooner.
Most people will lose because they won't have the patience to sit it out.
More tests may be on the way, and many other investors could be shaken out.
You never know when a stock's sentiment cracks. It could go to 10.
You need to catch the long upswing, which will occur at some unknown time in the future, to make money on this stock.
I suggest that anyone with a long position look carefully at priceline's website and think about the brand name and the range of products involved. This company is the real deal.
Sentiment will come back.
Yet when sentiment is at a low, it can be difficult to see through the clouds, especially when the losses are felt. Then the negatives all seem correct and threatening.
It's only a matter of time, but it may take longer than you think. It usually does. Prices also typically go farther than you originally expect. How many thought pcln would fall to 25 so quickly?
Keep in mind, though, that it will probably rise much more than you expect now as well. I am holding out for 250 in the next 2-5 years. Although this seems incredible right now, it will become a reality for the patient. Stand strong. |
