I remember saying to myself I would sell when it hit $2...same at $5...$6...$8...$10 and so on
I am glad I never sold as each time the company has continued to grow and become more valuable than expected.
Yes, the price is down. But what has changed? A very slight miss to earnings last FY and a small narrowing of margin as we invest more in revenue.
The rest is spectulation.
Economics 101. Either low volume / high margin or high volume / lower margin
Which will equal more profit? We shall soon see.
In the meantime let the bankers make their money, but I'll keep holding. Why? Is there a better company out there as cheap with higher growth potential. Not that I have found...
Until then my investment is in the best place.
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$6.85 |
Change
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Mkt cap ! $5.028B |
Open | High | Low | Value | Volume |
$6.93 | $6.98 | $6.85 | $4.481M | 645.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 53249 | $6.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.86 | 21163 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 48931 | 6.850 |
13 | 15388 | 6.840 |
12 | 26825 | 6.830 |
8 | 22629 | 6.820 |
10 | 77052 | 6.810 |
Price($) | Vol. | No. |
---|---|---|
6.860 | 21174 | 22 |
6.870 | 26196 | 20 |
6.880 | 18059 | 20 |
6.890 | 19766 | 17 |
6.900 | 43176 | 16 |
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