The problem is the market is pricing the stock at "extremely amazing" levels; not "amazing". When a stock gets priced for perfection like this one is, one minor slip-up or downgrade will send shares plummeeting. All I'm saying is proceed with caution up here. If we were trading in the $140-$150 range I wouldn't worry so much.
That was great till I heard 140-150 range...Price is relative however when you have a company with extremely aggressive accounting metrics and a band of tutes willing to hold on to the fraud that is being committed then when the levy breaks, and it will, these crooks will be looking at a stock well below 50...Yes I said 50....This company has no cash flow with supposed increasing revenues...That scam only lasts so long like GMCR for one example!!!! Good Luck!!!!!!!!!!1
It is nice and high, agreed. All-time highs are not the place to go long. (Sorry, momentum fans) Of course how amazing the price is, depends on future events. To me, the company is cheap if the market cap is less than IBM; but then, I am convinced that the future is very likely to go a certain way.