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You should take into account that if things go as usual, there will probably be a crash in the next few days, leaving the price around $500 for a while.
by joelthelion 13y ago
You should take into account that if things go as usual, there will probably be a crash in the next few days, leaving the price around $500 for a while.
- kr4 13y agoNever, never pay attention to what the market is doing. … Stay away from the crowd. “A good time to start in [the investing] business is when markets are terrible…." A classic value investor looks at a price drop of a stock they like as a chance to buy more, whereas the ordinary investor may panic and sell.
- genwin 13y agoThe value investor should be mentally prepared to endure further big drops while holding, though.
- endriju 13y agoToo much people hope this will happen => it will most probably not happen. People will start buying again at 700-800$ and will not let the price drop.
- crististm 13y agoJust like facebook shares did not drop after IPO?