Well what would you suggest Lex
@The Prowler?
Buy a stock such as Constellation Software at $2500 to $3000 per share?
Seems that one has dropped a lot lately and there are a lotta long faces for those who bought into that one...at it's peak.
At one point it was trading at $5,000 per share. But it's lost half its value Lex.
Supposing I bought just 1 share at $5,000, I'd be down nearly 50% today.
What would I do if I'd bought in at $5,000, Lex? Buy and Hold?
Wait for it to go back up? It could be a long wait.
You see, if I buy WRLG at $1 per share, and it doubles to $2 a share and then sell, that's $5000 profit at 5000 shares
This is conceivable if Gold reaches $5000 and beyond and the demand is there.
Why would I spend $5000 per share for a company like CSU which is constantly losing value, Prowler?
Is there something you know about that stock that I don't? Seems its best days are behind them.
Of course, it would have been great to get in on that one at the start, can't see how it's going to outdo its past performance.