Appreciate the reply. I agree with you. Curious if you know of Nutanix. Also do you think that pull back in January was a healthy pullback, just a volitile fluctuation, or an ominous sign of things to come?
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I have heard of NTNX; seems as though the stock has been on a good run. If the price rebounds (near ATH's) then it may not be a bad idea to dump and buy back in when the price dips again.
I think the market shifts in January were market insiders shaking up the bag a little. Market insiders like to do this to get the everyday investors (like you and I) scared about what's to come. They are able to fluctuate the price of a stock quite easily which then allows for fear to set in for shareholders-- spurring panic sells.
With that said, I think January was an artificial and volatile fluctuation in tandem with ominous signs to come
Yeah, it seems aside from its IPO NTNX was forgotten about by big MMs and ETFs, but since its quarterly report late last year seems to be a bit of a darling, and often not only volatile but manipulated like you say. Thanks for your time. All market down yesterday but yet it was up 3%. But then a few weeks ago the market shifted up, and NTNX was down over 5%. I though about selling at 63$ back in June, but i am long on this stock. Trying to keep a long term investment to avoid higher tax rate and don't like the stress of day trading, plus i live in Cambodia so the timing is way off to do so effectively. But then again, i could've made enough and bought back in again and paid my taxes for the years just with the gains since i sold at $38 last year and bought back in at $32... Ah well, hindsight is always 20\20.