I couldn't care less. As long as it moves some way! But I'd rather see it going up to $600. Would be good for volatility!
A stock going from 100 to over 400 in a little over a year just does not make sense to me. This is not a natural progression for a company. Its a parabolic move and mosts parabolic moves are unsustainable.
What about aapl then? It's more then three years that keeps running, doubling in value every 8 months or so.
I wouldnt buy it either. Im no stock expert and only trade futures these days but whenever I see a parabolic move I exit my trade.
K Still, for us stock traders there aren't many opportunities to get 20-50% moves and if aapl and goog begin to falter I'll be in big, big trouble! I am a buy side trader by the way.