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Old 08-20-2018, 09:17 PM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Join Date: Apr 2009
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Quote:
Originally Posted by SetBuilder View Post
You can sort of tell. When the price of something goes up 500% in a relatively short period of time it's probably not wise to buy and bet on another 500% rise.

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Mebbe. I thought about buying a few shares of AMZN just for fun at 1000. Then I said to myself, this is madness, the numbers make no sense based on its earnings, not even for fun. Not long after that it was at 1300 and I did it just to spite myself. And now it's close to 1900. So you just don't know and crystal balls, IMO, are useless.
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