There’s so much growth to look forward to for the iPhone,” said Stephen Coleman, chief investment officer at St. Louis-based Daedalus Capital LLC, which owns about $7 million of Apple shares. He projects the stock will hit $600 in 18 months.
And so it begins. The mad rush to parabolic rises in the stock market. When I saw that the Dow could double within 2 years, I had no idea of what would be behind the mania. Just remember, it is all about getting out on time (or better yet, having good protection) otherwise, a moment of fun may become a lifelong commitment.
Remember, this is not financial advice.
Franklin @ December 28, 2007