Really?? If you have the game you can make a fortune in options, especially in the high
beta stocks. If you have 1,000 shares of a $300 stock and it moves $10, you made $10,000,
but you tied up $300,000 to do it. Put that $10,000 in an option and if you get that same $10
move you might triple your money or more. Of course most option players lose it all, but it
can be a great gig.
I'm sure that target is set out in the future, say within 6 months or a year. If it has a 6 month price target of 27, why in the world should it be trading about that price now? I just didn't understand your reaction to the price coming down to the target. Not that any of this makes one bit of difference, upgrades, downgrades, targets, PE, whatever, it all means zip in a market like this, UNTIL IT DOES MATTER, and that time is coming.
I think price targets are set to come into from below, not above, lol. Has a ways to fall yet.
Looks like the day after (Nov 2) they opened at 114.50 and closed at 106.78. Hit the low on Nov. 9 at 95.62. There were a parade of bearish articles around that time, so here we are $40 higher in 3 months. Can't find a bearish article now, everyone is frothing at the mouth, wonder what that means??
Looks like another inside day today on lighter volume. Had one of those on Feb. 1 also, see what
happened yesterday? Not predicting anything, but it is there.
Just some advise, never put all your eggs in 1 basket. I could even say don't put more than 10% of your eggs in 1 basket, but I realize everyone invests differently and has different goals. If it works out Great, but what if it doesn't?? Are you prepared to lose that $$??
Also, if you were split between this stock and TTNP, why not put some in both?