You know why I sold it? Because a cousin of mine who supposedly is a "financial wiz" (according to my Aunt) told me "It will go down, it is just a search engine, search engines are on their way out.. you should short it"..
I figure right now that stock if I just held it would have been worth about a quarter mill and more being that it seems to be heading towards $500 now. Isn`t that amazing, listening to one fool cost me about $250 grand, and if you remember the first lesson of the stock market, it is don`t listen to ANYBODY!
I just knew that thing was going to take off which is why I bought it. It came off the IPO, went up then down on fears and I just knew that was the opportune time to buy and I was right on target more than I could have imagined. Can you imagine these people who bought 1000 shares and above at $100? I remember when I bought seeing some guy on Scottrade buy 10k shares. That`s a million bucks at $100 and now he is up (if he held it) to $4 million in ONE YEAR and will most likely see $5 mill by the end of `05. $4 million bucks profit in one freggin` year on just 10k shares.
Let's keep the mineral rights...