Oh how right you are,
Perhaps if Olu took a little time to review history, In 1987/88 there was
(and still is) a stock named Home Shopping. The world was facinated, direct
marketing on TV, they were the first, the sky was the limit and this stock
took off---If memory serves me it got to around 100+-.It stayed there a
short while, and less than 60 days plummeted back to 25--and ultimately
to 7 (I covered at 22). When the music stops, and the masses head
for the door, there will be no mercy.
For the PRST is a good company. But so is and was Home shopping.
Have any of you longs read the the story about the french and the south
sea trading company. In the 1600s a company named the south sea trading
co (my best memory) became so hot, people would spend fortunes just for
a tent in front of the exchange to be able to buy stock. Than one day,
someday figured out what the company was worth, and the many fortunes
were lost.
If I were long, I would sell before the music stops. Momentum has two directions, |
