Losing trade, to hold
I am just gonna keep this simple, follow the smart guy (even if he looks like the spinoff of Lex Luthor in reality)
For the market driven by erratic up or down moves, that is really a fair statement. And it was actually proven with Amazon stock that worth barely $6 after peaking around the dot com bubble at $113. That is a 95% loss! I would guess any stop loss ought to be triggered but if you even truly expect that company to do well, would you buy back at the lower levels? So what is the lower level then?
My take:
My take:
After studying his insights, I'd learn to cheer on Lex Luthor than Superman.
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crazybee1235 : hi
cowabanga OP crazybee1235 :