In 1971, Peter Lynch was just a fledgling. At that time, a company he fancy, Caesar, fell from $ 25 to $ 13.
When Caesar fell to $ 11 per share, under his strong recommendation, Fidelity Fund bought 5 millionStock, that is one of the largest large transactions in the history of the American Stock Exchange
Peter Linqi is very confident and thinks this believes thisOnly stocks will never fall below $ 10.
But the stock market is never impossible. This company not only fell to $ 10, but also fell to $ 8
He quickly called and told his mother to let her buy the stock immediately, because he thought that this stock was absolutely impossible to fall below $ 7.50
Fortunately, his mother did not obey the advice.In 1973, he was very shocked to watch the stock fall from $ 7 to $ 6 to $ 4,
Peter Lynch suffered great pressure on history, collapsed in spirit, inner anxiety, inner anxiety, Pain torture thousands of ants bite!
four dollars 4 dollars.Persist in thinking that you are right!And once again firmly hold confidence!
Only in this price will finally prove that it is really impossible to fall again.
This company, Peter Lynch has calculated that at least $ 40 per share, but in the end, the stock fell to the lowest of $ 4 per share.Before clicking, the bottom of the bottom
Peter Lynch no longer vowed to claim: "This stock cannot fall down at this price!The companys judgment is the right
After the stock price fell below $ 4, Caesars stock price rebounded quickly to $ 30 per share.Peter Lynch has won great success in the World War I!
understanding,
When the trend of the stock price falls, dont say low
Dont believe your intuition
After the new low, there is still half a mountain waist
Once the trend reverses,
Raise
2GMOGC8F "> You think twice, double, three times, five times! Ten times!
With the sediment, there are no signs of the sarcasm, as long as you choose the right stock, no matter where you fall, it will rise higherCant live !
------ 2024.2.24 Together
