Totally wrong. Buy it again-Fed leaving rates low for 9 more months. This thing is back up and will get to 42-43 easy.
Up over a buck in one week. I took my profits today and will get back in on the next downturn. No news on why this ran up so fast so I'm out. Good luck to all longs. PFE pays a nice div.
Yes, the PE is out of sight on this thing. Who would pay that much? It didn't help that yesterday Cramer said sell AMZN and buy BABA.
BABA is bigger than BIDU and just look at the price per share since its IPO. Playing YHOO is the best bet by staying with a U S Stock to boot. Good luck to all $$$
Hey numbies-If you sold ENRON during the hype you could have made a lot of money. Get in and get out and take your cash. It's all hype; just pure and simple gambling.
That's why I think investing in YHOO is a better choice.
Fundamentals have gone out the window. Look at TSLA and their high PE. No one cares, they buy the hype and make a ton of money. I say buy this thing and take quick profits. There are no longs anymore-just a bunch of get rich quick traders. It's too bad that the buy and hold is a thing of the past and dividends mean nothing to the average investor. I'm all over this thing and YHOO too.