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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: Robert Sheldon who wrote (1624)9/10/1999 8:53:00 PM
From: Tom_  Respond to of 6020
 
"Amazing."

Hi Robert! (and Hi mact!)

"Amazing" illustrates, in a nutshell, the problem I am having with the idea of beginning to scale in right now.

I agree with both your long term analyses, and the fact that level heads like you have positions reassures me about the stock, long term - but I can't help but think that a stock that has more than doubled in less than three months will most likely not sustain its advance. And here's the chart that really gives me pause:

quote.yahoo.co.jp

So I'm still undecided. My usual initial scaling-in on long term buy-and-hold stocks is for a 1% position. I do admit I'm afraid of the train really leaving the station on this one when they announce an ADR, and so am wrestling with taking a .5% now, but oh with such reluctance.

I'd like to add my appreciation to this thread for its high quality. It makes DD a pleasure.

Best wishes,
Tom