Relax, I’ve known Pomodoro on the forums for a while. He is a momentum trader/investor.
We all invest differently. I’m a buy-and-hold investor who is continually buying more of this and that and topping up multiple positions. Some folks are day traders, some are swing traders, some are technical traders, some try to pick highs and lows, some have a bottom up fundamental approach and some have a top down fundamental approach. Some say always use stop losses, others say to never use stop losses. Some pull their money out when seeing some headlines, shoot first ask questions later. Some set and forget.
Everyone’s got a different method and approach to investing and that’s what makes a market.
As for what I think, well, I’m still mighty happy the market offered me the chance to buy some at $11.95
I was hoping it would go down to around $11.50 today (CR price) so I could dip in again but alas, no such luck.
$13.70 average price at 5% of portfolio looks good to me imo, as this should be trading at around a conservative 35x for a double digit growth company, so at least $16.8
WEB Price at posting:
$13.00 Sentiment: Buy Disclosure: Held
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