Quote:
Originally Posted by GregWeld
Thanks for making my point. Which was - you didn't need to GAMBLE on the IPO's to have nice gains.... Johnson and Johnson (JNJ) and Apple (AAPL) and many other tried and true names did as well or better than some of the IPO's.
I've never said DON'T BUY -- my point is more about NEWBS being able to stomach some of the wild rides these TYPES of stocks take you on.
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Ok now adding something meaningful ... Their is more to learning about a company then how it's finances look... You have to learn about the market segment and company vision ... In there might be we're you find companies with upside... Take FB as an example... Many people focused on the perceived lack of revenue strategies ... Opposed to market dominance and technical vision ... Which is why I bought held and bought more close to the all time low $$$$$$
No disagreement however I believe long I will make exponentially more on FB then JNJ which I actually bought for the dividend but my timing was optimal...