Some friends, who know I track some select shares in the US market, asked me way back if it was worth buying Face book at 18 dollars a share. My reaction to that question was if I could buy it then it would be in the top three in my portfolio.There were many who said I was off my head and it would go single digit before reaching 50 dollars.Some did take my advise, most sold. Well today it did good for people who bought or held,it is currently $61.14 and growing steadily.Most asked me whether it is worth while holding on to it......my advise sell two thirds and hold the rest.
Another share which was sub hundred level and wondering where it should head was priceline.com years ago...again the same arguments were put forward....it is now $ 1155 , most who bought it then are now on their way to retirement, and a life time of ease.
Another share which was sub hundred level and wondering where it should head was priceline.com years ago...again the same arguments were put forward....it is now $ 1155 , most who bought it then are now on their way to retirement, and a life time of ease.