I guess i am right majority of the time over long term. JCP today hit the lowest ever... at 5.7. FB is at highest ever at 150 B market cap (50% above their ipo valuation, up close to ~150% after their mini crash post ipo). This is called smart stock picking...with some luck on timing.
Really a lot of money could have had from just the stock names thrown around in this thread and the other thread "should i buy or sell"...
Lesson: Believe in good products and companies, dump shitty ones...
Btw, best buy took some hit recently, though i believe it is a good company, one needs to keep in mind the changing behavior on electronics purchases.... hence i am slowly becoming pessimistic on bby.... wouldn't be bold... if amazon gets hit at any time in next 2 years or so, back up the truck and load em up....
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