Understandable, but share investing is always long term. Stocks like Amazon saw several periods where they were 70% down from the last all-time high. But they would always claw back stronger.
First of all, someone like an Alphabet would not offer - it'd probably be one of the big imaging players who know the space well, GE, Fuji... or a big hedge fund. Still, very unlikely even for those players to come with an offer.
Secondly, I think in 10 years time, we'll be worth well north of $50. If we grow profits by a CAGR of 20-25% per year, I wouldn't be surprised if we were sitting somewhere around the price of COH close to the $200 mark.
10 years is a short amount of time for someone in their 70's and a heck of a long time for someone in their 20's though, so keep that in mind how long a timeframe I'm postulating about!
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Last
$179.02 |
Change
1.260(0.71%) |
Mkt cap ! $18.70B |
Open | High | Low | Value | Volume |
$177.38 | $181.28 | $177.00 | $24.00M | 133.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 121 | $179.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$179.25 | 275 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 121 | 179.000 |
1 | 80 | 178.000 |
1 | 55 | 177.760 |
1 | 50 | 177.750 |
1 | 82 | 177.000 |
Price($) | Vol. | No. |
---|---|---|
179.250 | 275 | 1 |
180.080 | 225 | 1 |
180.880 | 1000 | 1 |
181.000 | 700 | 2 |
181.300 | 5 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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