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The Procter & Gamble Company Message Board

  • ishortpg ishortpg Jan 30, 2013 10:58 AM Flag

    OK, will this stock ever retrace recent gains?

    This is getting sorta ridiculous. No stock and no stock market goes up indefinitely w/o pause. As a scalper, this ought to be the time to take advantage of recent bullishness. Not happening. Same for the market as a whole. Either the laws of the stock market no longer apply, or we're getting into crazy bubble territory.

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    • This stock is a great one to buy and hold. Your return is much better than you can get with a CD Plus,income tax rates on dividends is still less than it is on interest. I re-invest the dividends and this allows me to cost average. Works better than guessing the highs and lows. Just a thought on investing strategy.

    • This is not ridiculous it's only a 4 day run and around 7%. Have you ever traded tech stocks? LOL! It's no where near a bubble. They reported great earnings early in the year and as always this company offers great dividends. This year should see a nice equity increase on top of those dividends so there are many people buying in for the year.

    • Well, I don't know. Is it really a bubble? Not disagreeing but right now we are back to the highs of five years ago and it took a financial crises to kill it then. I am a bit nervous myself but I am going to plug along and continue buying when I think it is prudent. If you think you should sell some now, by all means do it. I am staying.

75.90-0.55(-0.72%)Nov 25 4:01 PMEST