I am currently reading the book Monster Stocks, (a recommendation by Stockbee) and that got me to do some thinking. I studied some past monster stocks and here are my observations.
- Monster stocks can gain an average of 500%-1000% in less than 3 years. Most of them gain that much in 1 year. There are some exceptions. QCOM gained 2000% in a year.
- After they make their parabolic move they crash pretty hard.
HOV, the housing bubble
Are these bubble stocks unfolding before our eyes?
RL, a retailer
DRYS, Dryshippers
GOOG, RIMM, AAPL, LFC, CMI
Look over the charts and see what you guys think. Will our current leaders suffer the same fate? Google was up 750% at the top, so compared to other monsters there might me some more juice left. Maybe GOOG can go to $1000(1000%) or $2000(2000%).
5 comments:
stop giving away the secrets to the momentum big money.
Don't worry, I probably only have 30 regular readers.
any more revelations the underground momomentum mafia will pay u a visit.
like the blog- esp the more detailed posts.
those monster stocks also made good shorts later on...........
Quentin
Obatrader,
THANKS for reminding us, What goes up- must come down.
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