Mohacsy's Safe Portfolio Member Forum

[cadillac107]

'At some point in time it WILL get hammered". Maybe yes or maybe no. It depends upon your definition of "hammered". I agree that there are risks in owning equities, but it sounds as though you are still long in this issue. I too, suggested this issue (although I personally did not buy) to relatives at under 200 who did purchase it. Congratulations on your astuteness and taking a long term perspective.: i.e. " Cut your losses short, and let your profits ride". P.S. I personally would not consider this issue because of its high price per share, but this is no bearing as to whether the stock is currently over valued or not.