Just to point out, the normal investor couldn't purchase the stock until it was at $17. So the 'metoric rise' wasn't all that for an average investor. Maybe the Investment houses got rich and even the people that were lucky enough to get a doled out amount before trading, but not you or I.
I await the price to come back and I look forward to finally getting an opportunity to invest in the Company I've watched and wanted too long for to let it get away, but I will not buy at a higher price than I feel it worth and have to wait and hope growth will make me whole.
Although I will add I missed many an internet stock in the 90's because of this philosophy too...LOL Sad, but true.
Battery Investing for Beginners [View article]
I await the price to come back and I look forward to finally getting an opportunity to invest in the Company I've watched and wanted too long for to let it get away, but I will not buy at a higher price than I feel it worth and have to wait and hope growth will make me whole.
Although I will add I missed many an internet stock in the 90's because of this philosophy too...LOL
Sad, but true.