I am an eternal optimist with QCOM —-

Discussion in 'Stocks' started by derektrader, Aug 13, 2020.

  1. Call me an eternal optimist but I think QCOM could be one of those stocks that become a new high flier. I remember Qcom in 1999-2000 and it was one of the original monsters. Qcom has really come back to life.
    Since then it has been mired in litigation which placed a huge overhang for the stock since they license their technology. The litigation risk seem has to have abated the past year and its like a compessed bottle. I can see it going to 118-120 but having it pull back and consolidate would make the chart look prettier. going to 118-120 would probably be due to an analayst throwing a big price target on it. Again, it should pull back to remain healthy.
    Long term this is a $200 stock , maybe more.
     
    Clubber Lang likes this.
  2. Totally agree
     
  3. vanzandt

    vanzandt

    Clubber, he's an idiot. Odds are he's never bought a stock in his life.

    He's here for one reason only, the cellar.

    ....There's about 2 dozen more.
    I have no opinion on Qualcom, but I can see things for what they really are here at ET.
    Is what it is.

    When he screenshots a brokerage account, I might listen.
    Like that'll ever f'n happen.
     
  4. I can trade circles around you.
     
  5. vanzandt

    vanzandt

    :thumbsup:
     
  6. Axon

    Axon

    Don't you guys have a containment board for this shit instead of cluttering up the rest of the site?
    ====> https://www.elitetrader.com/et/forums/politics.27/
    ====> https://www.elitetrader.com/et/forums/politics.27/
    ====> https://www.elitetrader.com/et/forums/politics.27/