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
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%).