guru267 wrote:stranger wrote:Is buying KQ at the current price 58.50 a good buy?
Any chance that it will go up by 10% before world cup?
@stranger get in all the way if you only want 10% because KQ will climb much further than that by june if the results are better than the markets expectations that is... but 10% is modest enough for the risk....
Don't forget that this is the stock market and anything is possible - it might even go down by 10%. So no guarantees but chances look good. Though the stock has already gained so much already.
Reminds me of something about this stock being an even better buy now at 59 than when I bought it at 23. Maybe I should have waited until it hit 59 until I bought.
- Contrary to what many people imagine, the higher a stock goes, the lesser the likelihood of it going even higher in a rational market