>I feel that this stock is headed toward $200 pre-split. >I am sorry that some do not agree, but that is the beauty of >investing, we can all put our money where our opinions lie.
I basically agree w/ you. Each to his own.
I think there is also the possibility of it hitting $100 pre-split (or $50 post-split). This stock likes to bounce around. I liked this stock before it was 'discovered' (ie, at $22/share). I don't like it at this price, so I don't own any.
The reason I had a "hard time" w/ your "pullback to $140" quote is that until a week ago, $140 would be a new HIGH. Discussing a pullback to $140 seems to imply that $140 is now a bargain price, just because of a slightly-giddy spurt to the $150s. That implication of "$140 = a bargain" is something I choose to dispute. Depending on your time frame, it may, or may not, be a bargain. Do what you want, and feel free to have a "hard time" about my opinions as well, as you say - we can each put our money wherever we want. I prefer to buy low, sell high, and I don't think $140 is low... |