My point was the number of retail shareholders have jumped… so typically institutions start booking profits… and reenter at lower levels…
for my holding… I sold some at 260… but stopped as it was shooting up… just exited fully at 390. When i had invested 4-5 yrs back at 45 my target was 200 based on expected earnings and lower multiple… not to say 400+ is the wrong price… just that its multiple has gone up… the whole market has gone that way…
| Subscribe To Our Free Newsletter |
