I don't know about you, but I'm going to close a position on Alphabet $GOOGL today that I took at $91. It gave me +34% in the short term. I was originally planning on a longer term hold, but what is happening in the markets has nothing to do with healthy growth.
Προσωπική άποψη μέλους της κοινότητας, όχι επενδυτική σύσταση. Κανόνες κοινότητας
RR
Totally agree, I unloaded the entire position last Friday with a similar % gain. As soon as (hopefully) the market returns to "normal" I'll jump back in. 👍
AA
I am buying Google for a long term investment and intend to hold on. The fact that it's high now and about to fall off doesn't bother me, but in the long run the price will surely get here again.
YE
I don't know about you, but I bought Google as a great company that is undervalued and I still see it that way, so I have no reason to sell.
AE
Great, we have that in common. I'm just trying to discern when something makes sense to me, in this case growth, and when it's puffery. If it weren't for AI we'd be wading through more distress with misery, and that's a fact, AI is keeping the markets afloat.
FB
I don't know, I've thought about it too, but the interest in AI may well push it up another month/e. This does revive a bit the fear that a bubble is forming.
AE
I'm not refuting you, madness often has no end. It's just that usually every ride ends sometime, and in the investment world it usually hurts when you wake up.