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That 20% drop brought its stock value back to where it was a year ago, which was an all-time high for it then. Investors that have held it for longer than a yea
by metamicah 8y ago
That 20% drop brought its stock value back to where it was a year ago, which was an all-time high for it then. Investors that have held it for longer than a year can still sell it at a profit.
- what_ever 8y agoBut no one is talking about investors holding stocks for more than a year in this comment chain. That's tangential to this comment chain, sorry. And to your point, investors could have sold for over 25% of profit as well if they had sold it earlier today. So I still stand by saying that this is huge change. Besides, this thread is not about long term, just invest in index funds so I just fail to see the point.
- metamicah 8y agoThe comment you responded to specifically says "in the context of the unlimited future of the company" which I took to be much longer than a year.