RE:RE:when the stock market crashIt would be nice of course... but here's my two cents. This stock is based on volatity, not simply just ups and downs. If you look back through its history, its gone up on market rebounds just as it has done on big market drops. I do think this stock will continue to go up in the meantime, based on a few things...
- this stock jumps on uncertainty, you'll see a bump on Brexit, a bump in the Oct 2014 slump, not to mention some of the debt ceiling dates
- volume - we're seeing a lot of heavy buying, frankly the highest ever for this stock. Sure buyers can all be wrong, but this is generally a good sign
- interest rates - with potentially two looming, and the Fed staying hawkish for September, why not hedge your bets here?
- September is historically a volatile month, which is good news again for this stock if history holds true.
With all that said, I'll be watching this stock very closely.