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S&P 500
5,995.54
(
0.38%
)
US TECH 100
20,563.20
(
0.11%
)
Dow Jones
43,988.99
(
0.59%
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Brent Oil
73.89
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-2.09%
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Bitcoin
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0.87%
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wallst-winest

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Posts 1464
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Alias Born 12/05/2012

wallst-winest

Re: Smitty876 post# 914

Friday, 01/17/2014 9:27:55 AM

Friday, January 17, 2014 9:27:55 AM

Post# of 2161
Growth stocks are never bought on current earnings and neither are any other stock cstegories. They are bought on future growth. Sure scty is trading at hefty levels but that is what momo stocks do until they are broken. You don't see me committing capital to buy the stock here, you see me defining my risk with out of the money cheap calls. For $125 I'm in the game and already doubled my money from yesterday. If I was long from the $20's I too would be selling into the recent strength as did adeelz.. He is smart.
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