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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew N. Cothran who wrote (123844)9/6/2002 7:53:51 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
yes, but remember all insanely overpriced assets eventually become cheap. whether that happens on a timeline convenient to shorts is another matter.



To: Andrew N. Cothran who wrote (123844)9/9/2002 9:01:15 AM
From: chojiro  Respond to of 152472
 
Morning Andrew. Good to hear from you, hope all is well.

When one is absolutely convinced that he is right, he most likely is heading for a fall.

If you re-read my post, that is exactly what I am saying.

There's always a little disappointment in between.

Every morning I wake up and Qcom is trading above $10, I'm disappointed.

One thing I add to my equation is the human factor of stocks. That is the unknown sum. Emotions are a very strong market mover so I am always cautious. However I do believe that Q will eventually fall like the rest of 'em.
One day the pain will be too great for even the bullish of the bulls and one day they will give up. This is a fact.

Don't press your luck. A gold coin does not fall from the sky two times in a row.

A couple months back you wanted to betyet another ounce of gold Qcom would trade at $100 before $10. I declined your bet but supported my side of it with the rational why it would be a win-win situation for me.
FWIW, that is percicely why I still believe Qcom has a lot of room on the down side. Too many people(nice people such as yourself) still holding onto the belief that Qcom can trade to $1000.