How is hype today different from hype of two years ago?
Some people here say now that this stock will be at 100 in 1-2 years. But some people used to say exact same thing 2 years ago when PANL/OLED used to trade over 50. But instead of going to 100, two years later it is at 30. So how is this hype different than from that of two years ago? You can see one such hype post from 2 years ago on front page if you change view period from "3 months" to "All".
" zionidfny • Sep 16, 2011 10:40 AM
$55 is the New WALL
Anything under $55 is Free Money. "
Something I've learned in stocks - don't listen to anyone but yourself. Do your own research (even if it's just basic level) and use forums to learn of important upcoming events in a company's near (or long term) future.
As best I can tell, the people you hear yelling "TO THE 60's AND BEYOND" or "THIS IS THE NEWEST LOW POINT, WE CANNOT GO LOWER, SELLING HERE IS THROWING YOUR MONEY AWAY" are just very bad traders or just delusional.
Don't listen to anyone telling you to sell or buy. They always have their own interest at heart and are just trying to get you on the wagon to satisfy their interests. Do some of your own research, however basic or advanced it may be, and only use forums as a place to pick up on company related news or important upcoming events that will help you make a better decision on when you should buy, sell, or hold.
Really, if I held my long position while OLED was at 37 because yelled "WE'RE GOING TO 60!!!" I'd be down thousands of dollars, instead of doubling up my profits because I knew to switch to a short position.
Well those reasons do not seem short term phenomenon seem a constant, so those who are saying today that it will be $100 stock in 2 years could very well be wrong again like past predictions record and "naked shorts and manipulators" can bring it by same 40% drop from 30 to 18?