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Non-Tech : Kirk's Market Thoughts
COHR 181.67+2.4%3:59 PM EST

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Augustus Gloop
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To: Augustus Gloop who wrote (20972)10/17/2024 11:09:10 AM
From: Sun Tzu3 Recommendations  Read Replies (1) of 26704
 
Not one bit. The stock is highly undervalued on the longer term basis.

Look at it this way, I find it very likely that WOLF will hit 150ish at the top of the next chip cycle. Worst case scenario, that is 5 years away. I can think of worse things than a 10x gain in 5 years.

You need to decide which sandbox you want to play in. And I cannot emphasize this enough: your choice of timeframe is by far the most critical decision that you make. If your timeframe is longer than 3 years, do you think that gap matters at all?

Now if you want to be a position trader, then the gap matters. But then you will need to decide if you can compete with other active traders, including the institutional traders.
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