Soon enough.
Probably when everyone least expects it. Remember that just a couple of days ago, everyone was so astounded by the 2 for 1 split and 7 cents that everyone was absolutely SURE that this stock was headed for the moon. Even WST (who has since bought and sold this stock about a hundred times). Unlike others who proclaim how sick and tired they are of his posts, I find them quite hilarious -- sort of like a manic flea jumping around on the back of the GNET dog.
Has anyone else marvelled at how the bear markets seem to last for less and less time? It used to be (in the good old days of the great depression) that it would take a generation for your money in the market to regain its original value. Each time we go through a correction, the time it takes to recoup is exponentially shorter. This last correction will last about a fortnight.
I can see how the future will shape up. Once the Naz goes to 24/7 trading (you know it's just a matter of time) and there are a billion people hooked up to the internet, trading stocks like they now pick up the phone to make a local call, you'll be able to place a trade when you wake up at 6 am, go to work, come home in the evening, and discover that while you were away, the economy has cycled through eleven complete business cycles, and the 100 shares you bought of GNET are now worth $27,000,000 dollars.
Nice, huh?
MGG |
