06-01-2021, 10:46 AM
[quote pid='26509' dateline='1622561987']
[quote pid='26508' dateline='1622561134']
Serious downgrade in sales projections. I am getting some FOMO with my extra cash but this is why I am avoiding chasing stocks that have run to perfection levels. We've never come out of a situation like this before and there will be some stumbles from blue chips here and there. Easy to get hurt on a lessor company than ABT.
[/quote]
Not chasing a stock that is already down $20 from the highs
And I will add ABT all day at these levels.
Quality company
[/quote]
I wasn't referring to any particular stock. I don't even know what TMO even is. I am buying some too but when I can buy after some short-term bad news there seems to be a little less downside risk. Sounds like you are doing that as well. How much ABT did you buy today?
[quote pid='26508' dateline='1622561134']
Serious downgrade in sales projections. I am getting some FOMO with my extra cash but this is why I am avoiding chasing stocks that have run to perfection levels. We've never come out of a situation like this before and there will be some stumbles from blue chips here and there. Easy to get hurt on a lessor company than ABT.
[/quote]
Not chasing a stock that is already down $20 from the highs
And I will add ABT all day at these levels.
Quality company
[/quote]
I wasn't referring to any particular stock. I don't even know what TMO even is. I am buying some too but when I can buy after some short-term bad news there seems to be a little less downside risk. Sounds like you are doing that as well. How much ABT did you buy today?