i strongly suggest you get a copy of the book "how to beat the market pros" by peter lynch...its an older book but the most helpful you can ever read....his investment strategy will teach you how to invest in stocks like aaple when you bought your first ipod or itunes <30 a share>,,,or netflix when everyone started using their subscrition <$15 a share>...foolproof stuff...and letting it ride.
icpt is considered high risk here..we dont even know the profit margins...this should represent like only 5 to 7% of your investment capital...high risk speculation and even moreso at these levels......
but even amazon.com had crazy runups back in the day and it survived the dotcom crash to become a hugely succesful company...
anyway...looking at the chart and the strory here..i agree that this needs to flatten out for maybe another week before running much higher on speculation and further hype...I'll probably sell at 350 myself for a short term healthy gain of 30% profit
if you double 10 grand into 20 grand, and then double again at 40 and keep compounding it...you can make reach 1.2 mil by doubling/compounding 10 grand 7 times.
good luck to you.
http://www.fool.com/investing/general/2010/05/21/how-peter-lynch-destroyed-the-market.aspx
http://www.amazon.com/Beating-Street-Peter-Lynch/dp/0671891634
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