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Old 11-18-2010, 12:05 PM   #1
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What are your thoughts on buying this stock? bargain or overpriced???

I believe that the long term prospect will be rewarding, but I'm unsure if this current price is a good bargain. I think it is a little high.

On the other hand my gut is telling me that this is going to be like netflix when I was talking about buying it during the recession at $16/share and now watching it at $170/share.
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Old 11-18-2010, 01:05 PM   #2
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Investing in single stocks is a high risk game unless you are an expert about the company, its market, and its competitors.

Unless you really believe in the company and are investing for pride reasons.
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Old 11-18-2010, 01:15 PM   #3
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I put some money down this morning. I am willing to venture near term fair value is in the low forties.
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Old 11-18-2010, 01:18 PM   #4
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and then once people realize they bought into a stupid company that will still fail...
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