Hell of a bearish feed this has become. I'm an investor not a trader. As Buffet said you should only be prepared to invest in stocks by asking yourself if you would be happy to hold them if the stock market closed for 5 years. I agree with comments made here indicating that downgrades are COVID related therefore I see the 5 year horizon similar now to how I saw it in January 20.
Having said that I appreciate many here are traders and therefore your approach will be different.
For investors who are new to investing. Be mindful of coming here (sharetrader) for investment advice or insights. DOYR, follow your convictions and if you're an investor be guided by where you see A2 in 5 years not 5 months.
(That being said what a painful pre christmas kick in the guts)
Hell of a bearish feed this has become. I'm an investor not a trader. As Buffet said you should only be prepared to invest in stocks by asking yourself if you would be happy to hold them if the stock market closed for 5 years. I agree with comments made here indicating that downgrades are COVID related therefore I see the 5 year horizon similar now to how I saw it in January 20.
Having said that I appreciate many here are traders and therefore your approach will be different.
For investors who are new to investing. Be mindful of coming here (sharetrader) for investment advice or insights. DOYR, follow your convictions and if you're an investor be guided by where you see A2 in 5 years not 5 months.
(That being said what a painful pre christmas kick in the guts)
This forum indeed has a lot of long-term share investors.
"Having said that I appreciate many here are traders "
some operations do both. Often it depends on the stock and its life cycle and its sector. To say TRADER or INVESTOR is not actually accurate. Some operations are more complex than that.
If this stock has no IP and has build a market based only approach to its product with nothing else than some Operators may decide its a TRADE and other stock are a HOLD.
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