Replies to post #318 on Shopify Inc (SHOP)

[Homebrew]

Nobody knows the future price of SHOP. Basic investing advice is not to "put all your eggs in 1 basket".
Your personal financial situation, and risk tolerance should be a major factor in your decision.

Pull the trigger and sell it at loss? I can hold it for sometime, but my point is what if it takes a further dive down.

what do members expect in terms of price action in forceable future, is 60 possible?

[bar1080]

Here's about the best investing adviser on the planet, Buffett's mentor, Ben Graham:
http://www.conscious-investor.com/books/intelligentinvestor.pdf

Homebrew is correct, no one (other than an insider perhaps) knows what SHOP is going to do in the near term. I can't think of anything dumber than asking an IHUB board for a price prediction. There are a few things smart, experienced investors can tell you, but next week's price isn't one of them.

Generally speaking, when you make a mistake get out of it ASAP. I sell my rare losers quickly.

BTW, I own 14 blue chip stocks, a few index funds, three regular mutual funds from years ago, and a bunch of bonds and bond funds, both muni and taxable. No investment accounts for more than 3% of my assets.