"Boy, you longs have guts. Too rich for my blood, though. I cannot help thinking that someday soon there will be some hell to pay."
I'll say. I bought into ISRG in mid-September, at $216, and sold the day after the earnings release at $276, right before it slumped down into the $260's, and thought I was pretty amazing for catching the peak, with nearly a 30% gain for a 3-week hold. Then it took off again. I must say, I've been tempted to buy in again given the way it keeps rocketing up 2-4% per day, but this can't go on much longer. I don't see how this P/E can be supported. This has gotten way too expensive for me.
"Donkey, you are very aptly named. It's called . . . investing. Put it away and forget about it. This is the Microsoft of the 21st century. stop analysing. make an investment."
I am aptly named, but not for the reasons you think. Anyway, investing requires analysis, otherwise buying stock is simply gambling. This stock is way overbought. I could have held on and made another $50/share, but that's very easy to know after the fact. This stock has gotten too expensive too fast. It's bound to pull back, which is why I'm buying the hell out of $300 November puts.