RE:When excitement goes wild, contrarian's concerns grow.I'm not going to argue asset bubbles with that pump and dump player, only to say that IMO it is important to keep this in mind. Think of the risk/reward dial the opposite of a thermometer. If the needle is pointing at the 3 O’clock position better check the asset for a pulse. However if it points straight up, better start running. I know this is basic (x,y axis stuff) but as we have seen some "just don't get it". Take a look at the NCU chart for the last month.
.
All asset bubbles end the very same way. Does that mean NCU will go into a bubble? No, but there is a point – I don’t know where that point is – when everyone who wants to buy and can, has. There IS a finite number of people who would invest in this company – just the smartest ones, of course. Well there is a lot of stupid people in this world and in this market as well, we’ve even a couple on this board come to think of it.
Another tip: Trends become stronger over time, bubbles become more fragil.
b.