Why Was Clarence Thomas the Lone Dissenter in a Recent Second Amendment Ruling?
How the US Olympic Team Is Giving the Finger to the Carbon Emission...
CNN Host Gets Roasted for Her Explanation for Why She Cut Off a...
Is This Why There's Going to Be a Game Seven in the Stanley...
New Pentagon Chief of Staff Slammed As 'Unqualified' and Not 'Trustworthy'
Former White House Physician to Biden: Submit to a Drug Test Before the...
Six Years After This Climate 'Prophet' Said Arctic Ice Would Be Gone, It's...
On Dobbs Anniversary, Democrats Remain Obsessed on Abortion
Biden Wasn't the Only One With a Lacking Take on the Attacks Against...
Latest White House Communications Hire Scrubs Social Media Account Over Troubling Views
Here's What a New Poll Says About How Young People Vote
There's an Update About the 12-Year-old Texas Girl Who Was Reportedly Murdered by...
A ‘Trans’ Athlete Robbed Women of a Women's NCAA Title. Here’s What He...
Five Illegal Aliens Charged With Kidnapping 14-Year-Old Girl
Will Congress Take Internet Safety Seriously?

Is this Capitulation?

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

Dreams of making millions in the stock market can come true but becomes more and more improbable because of investor psyche. There is too much trading, particularly at losses, creating the kind of gyrations we experienced last week. There are lots of reasons for this including the lingering impact of two big stock market crashes, and dare I say, the media (too many hot trading shows focused on scalping a couple bucks or stopping out simply because a stock is down).


Last week we also saw shares of Smith and Wesson (SWHC) hit an all-time high. If you bought the stock on October 31, 2008, you would have been up 1176%. That’s a dream, and it’s a stock everyone has heard of, but the fact is today’s “investor” wouldn’t have been in for the long term ride. Take a look at that the chart- looks like an easy buy and hold. Not so.

To get to that October 31, 2008, entry point, the stock had come down 90% from its new most recent high. So it’s unlikely a lot of individual investors got into the stock, or even considered it. But, I’m sure 99% of investors would have closed positions during any of the swoons mentioned below.

Boom & Bust

Crashes in SWHC

March 2009

August 2011


March 2012

April 2012


June 2012

July 2012


August 2012

December 2012


April 2014

December 2014


There are a ton of stocks that are going to be multiples of 100% higher over the next few years, and even some this year, but how does an investor hang there?

Join the conversation as a VIP Member


Trending on Townhall Videos