I know, I know, fad stock. But sis-in-law has buy order in for 38s. I have seen her do this in past on IPOs, wait for the dust to settle, pick a price, and get in. These are the type of stocks that usually do well in 4-6 years. She won't fret if she doesn't catch the bottom.
So - just passing the info on. Remember, tech is her sector and she has many connections. Whatever her reasons, she isn't buying because it 's a fad stock..
Will I buy? Only of I decide I am going to take a new tack in investing and go piggyback on her success. After all the highs and lows of Q in the past 11 months, a buy and hold portfolio is looking mighty tempting.