No. of Recommendations: 12
Probably so, but probably not yet.
The problem is that you have to be right about both direction and time frame. I'd wait till the shine has already started to fade, which could be a couple of weeks or a few years. If it's going to drop, it could drop a long way, so there's probably no hurry. Wait for a moment that there hasn't been a fresh high in at least a few months, some disappointing financial outcomes have come out (flat-to-down revenue, say), and the stock is sliding relative to market. Still risking your money, but getting all the omens lined up in the right direction probably increases your odds a fair bit.
Jim
