To refute some of the balderdash posted elsewhere,
Post# of 72440
http://bigcharts.marketwatch.com/quickchart/q...mp;time=20
Mythical investor says:
"I bought it at 20! Boy am I lucky I got in on that IPO ! ! ! "
Hey, it's going down. Well that's okay, a pullback after an IPO is normal.
Well, it's been a year now and I've lost almost 50%. I sure wish that CEO would get' er done. It's all his fault.
OMG, it's down to 20 CENTS now, I lost almost everything. I'll wait to do tax loss selling till later in the year.
Hey wow what's going on, I was going to sell it for end-of-year tax planning but it's gone back up to 10, I guess I'll hang on.
Well this POS has done nothing this year, I guess I'll sell it in December for the tax loss. Hey wait a minute, it's going up.
Well it took 3 1/2 years but now it's back to the IPO price. I really ought to sell and get out even. Okay enough of this, I sure don't trust that management, what took them so long? Let's see... sell button, boom, okay enough of this.
WTF? I just looked at it again, here it is a year later and it DOUBLED from where I sold it. Well I guess they've had good test results, I'll wait for it to come down and I'll buy it again.
It looked like it was going to break out but came back to 40 again. The smart guys at lieHUB said to wait until the risk was out so I'll wait. It'll go back to 20.
WTF? ? ? ? It's at 60. Well I guess I'll wait.
WTF ? ? ? ? ? ? It's at 120
Now 170
Now 190.
I guess I shoulda bought at 40 when they said it was too risky. Well I better buy some here at 190 before it goes any higher.
WTF it's at 123 now? ? ? ? ?