10-06-2014, 02:28 PM
The statistic that stood out for me was: "Worth $1.5B on Friday. Bankrupt on Monday." This is my problem with most of the tech companies ..its all about the perception and the expectation of earnings. A photo app (Snapchat) valued at $10B, messaging app (WhatsApp) at $20B, ....its a joke!
When I was having trouble finding good value in the market a few months ago, I was tempted to speculate and buy "Growth" companies...including GTAT. I considered buying 40-50 shares ... but Im so glad that I ended up just buying other DG stocks which were just more expensive.
Sorry about your speculative loss, but chalk that one up in the Experience column.
When I was having trouble finding good value in the market a few months ago, I was tempted to speculate and buy "Growth" companies...including GTAT. I considered buying 40-50 shares ... but Im so glad that I ended up just buying other DG stocks which were just more expensive.
Sorry about your speculative loss, but chalk that one up in the Experience column.