Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 235.64

-3.4%

3:59 PM EST

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To: Stock Watcher who wrote (2022)	2/4/1999 11:15:00 AM
From: Trippi	Read Replies (2) of 52051

SW -- when I first brought this to the index I called for a short term pop to $10 and a long term hold for $50. I believe the stock will stay in the $9 to $12 range -- I'm pretty confident we will hold near 10 -- the problem is that a lot of people have made a ton of money on this in 10days many bought at $1 8months ago -- they deserve their profits -- once they are done -- I believe we will see upside resume -- also I still expect news soon that will take us up. If you are a trader and bought in lower and do not intend to hold long term so may want to sell to protect your profits -- If you are gonna hold long term -- I wouldn't be concerned about this dip and would look at any futher decline as an accumulation opportunity for the big pay day that will come in the next 12 to 18 months in my view if not before. Anyone who bought this stock when if was put on the index and are traders have had ample opportunity to take profits on this. I still advocate the accumulate and hold strategy as I believe there is a strong chance that this is an infant that will get very big. Trippi

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