Not a chance....needs double that just to stay above $50. This is like Groupon all over again...once a highly rated stock...now just an over bloated one
Many of the major oil companies will go under just like the Bear Stearns and Enron...2015 will be horrible for anyone holding oil stocks...LOL!!!
Sentiment: Strong Sell
Back under $50....and unless sales are over the top and I mean really over the top...GPRO is done and we may see back to 52 week low
But so far so good...most of the pundits on sites like CNBC and Bloomberg have over the last number of years been spot on....the trend is your friend and you can't fight the FED is still in vogue and I for one won't go against it.
Even if interest rates go up, that would prove the economy is getting stronger and markets will fly...and the debt is no longer a concern...its different this time...we will see markets rise far into the future...without even a hiccup of a correction. The bear market is history, never to be seen again...the bull reigns and will until our grandchildren's grandchildren are collecting old age security. Party on folks. It has never been better than now...God bless America!!!
Sentiment: Strong Buy
Your correct, but this particular running of the bulls has been going on since March 2009 and there seems no end in sight.
Nothing seems to prevent record after record. I have never seen anything like it and I have been in this game for a very long time.
Hey bucko...before you berate somebody make sure your hitting on all cylinders....check your spelling...sails should be sales. SHEESH!!!
That's when you will see a positive piece of news that will drive it back to over $200, and that day is getting close
Pretty soon it'll just be another camera...nothing setting it apart. That's when the stock craters back under $50.
LOL...but kidding aside...one day this fantasy world we live in will finally come home to roost and the World's markets will ultimately hemorrhage!