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.
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.