Posted by DigiNomad on 17th of Aug 2022 at 01:03 pm
The fundamentals don't match the valuation. That said, I said
the same thing about AMZN for probably a decade until I was
eventually right. That's why I simply said "trail up stops"
The market can stay irrational longer than many can remain
solvent. Don't bet against cult stocks (disclosure: I'm short BBBY
SEP 02 expiration, 40 strike calls)
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Cult stock? People buy them
AAPL has stayed stubbornly green even while the market has ...
Posted by tgo5043 on 17th of Aug 2022 at 12:46 pm
Cult stock? People buy them because they realize ( by experience) how totally superior they are to all competitors. Good reason to own in my books.
The fundamentals don't match the
Posted by DigiNomad on 17th of Aug 2022 at 01:03 pm
The fundamentals don't match the valuation. That said, I said the same thing about AMZN for probably a decade until I was eventually right. That's why I simply said "trail up stops"
The market can stay irrational longer than many can remain solvent. Don't bet against cult stocks (disclosure: I'm short BBBY SEP 02 expiration, 40 strike calls)