That stock might be a good trading stock but I think the market
cap for one product is way overpriced. unless the have a lot
of patents for future pipline.
As far as trading goes (not long term investment), I truly see
them as 2-3-4 letter tickers ... so personally, I really
don't care at what they do, sell, make or loose money, etc ...
I strictly look at the chart, keep an eye out for earning
dates and if there's any pending thing I need to know about
... that's about it ... but as far as the cie
itself, I agree ... I also think it's way overpriced for what it is
... and more so it's longer term sustainability ...
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
That stock might be a
PTON : Watching for a possible hammer at support here ...
Posted by ssaffer on 27th of Dec 2019 at 12:26 pm
That stock might be a good trading stock but I think the market cap for one product is way overpriced. unless the have a lot of patents for future pipline.
As far as trading goes
Posted by mla127 on 27th of Dec 2019 at 12:33 pm
As far as trading goes (not long term investment), I truly see them as 2-3-4 letter tickers ... so personally, I really don't care at what they do, sell, make or loose money, etc ... I strictly look at the chart, keep an eye out for earning dates and if there's any pending thing I need to know about ... that's about it ... but as far as the cie itself, I agree ... I also think it's way overpriced for what it is ... and more so it's longer term sustainability ...