Exactly the argument Warren Buffet makes, and he has a spectacular record. But, he is a value investor, not a growth investor, as you appear to be. In particular, he admits he doesn't understand most technology, and he only invests in businesses he understands, but he doesn't knock people who do. Learn from the great master.
There is much more risk and much more reward in growth. This pup is a growth stock: high risk, high reward. With that, comes great volatility: ridiculous highs and ridiculous lows, which can be further enhanced by a volatile market. As a result, these stocks are traded by the day trading crowd; some short, some long. Your short.
We understand all of the above, and were not scared.
Go save someone else on SI. Go pick up some litter on the highway. You can save the world from itself!
Other than the same mantra every other day, what else do you have for us today? |
