Ferrari stock, time to sell? | Page 3 | FerrariChat

Ferrari stock, time to sell?

Discussion in 'Ferrari Discussion (not model specific)' started by Falcon, Mar 24, 2017.

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  1. I'm 360 Canuck

    I'm 360 Canuck Formula 3

    Nov 21, 2015
    1,911
    Ontario, The Real One in Canada
    Full Name:
    Lars!
    You pay a premium for premium performance, whether it’s cars or stocks.

    i look at it this way....Sears was a very inexpensive stock. Amazon is a nosebleed expensive stock. Which would most people rather own? P/E is a very small part of the story.
     
  2. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
  3. Bob in Texas

    Bob in Texas F1 Rookie

    Apr 23, 2012
    2,746
    Just East of Weird
    Full Name:
    Bob
  4. Falcon

    Falcon Formula 3

    Aug 19, 2008
    1,304
    New England Region
    Full Name:
    Falcon
    Well its been 5 years since the last post. I didn't sell the stock and today it closed at $492. It's hard to believe I was considering selling at $165!
     
    Ryan S. and omd78 like this.
  5. 05F430F1

    05F430F1 F1 Rookie
    BANNED

    Oct 22, 2005
    3,599
    Fort Lauderdale, Florida
    Full Name:
    Todd
    I finally made my first ‘investment’ last month at age 55 and bought 10 shares at $416. I don’t really know how this stuff works but it’s higher so I think that’s good.


    Sent from my iPhone using FerrariChat
     
  6. thx enzo

    thx enzo Formula Junior

    Aug 11, 2021
    313
    USA
    Bought 1000 shares right after Sergio Marchione passed away at about $95. Have a big enough gain to pay for my 12C when I trade in the F12.
     
    020147, Ryan S., 19633500GT and 2 others like this.
  7. omd78

    omd78 F1 World Champ

    Dec 26, 2005
    13,252
    Breda, Netherlands
    Full Name:
    Martin
    Should not have sold in Nov 2020, Febr 2023 or Febr 2024...

    Gr. Martin
     
  8. ChaosAD!

    ChaosAD! Karting

    Jul 29, 2021
    167
    Full Name:
    John Shinas
    Stock has gone parabolic. By June of 2025 it will be down 50%, or more, with the rest of the overvalued market.


    Sent from my iPhone using FerrariChat
     

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