GREY:XEBEQ - Post by User
Comment by
overnouton Dec 28, 2020 9:44am
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Post# 32186876
RE:RE:Buying or selling
RE:RE:Buying or selling It all depends on whether you bought a stock or a company. If you bought XBC the stock then a rising stock price might start to make you nervous about losing potential gains you see right in front of you.
If you bought the company, then you're closely following the events, news, management execution, sales, partnerships, etc. That is called due diligence. There is nothing that would make you nervous about the XBC share price based on this prespective. In fact, all of the news over the past 18 months would make you excited about he future price trend.
A great book to read on this and other topics is 'One Up On Wall Street' by Peter Lynch. Check out the section on earnings vs share price. One of the classic charts that has stuck in my mind since reading it was the chart for Merck during the mid-70's.
The stock market doesn't always value companies properly, both to the upside and the downside.