$VeriSign(VRSN)$ I bought mine before Warran Buffett bought his... [Tongue] I wish the story stops there... the fact is that it was started as part of my auto-invest, the positions were small to begin with. [Facepalm] [Smug] [Glance] [Sly]
To be fair, since my entry price was low, I have been able to continue building my position without taking too much a hit with my carrying cost. It is fair to say that if Warran Buffett and Berkshire Hathaway have not taken an interest, VRSN probably won't experience this current price hike. So, I must admit that I am still pleased even though I had hoped Buffett came along later rather than earlier.
Now that VRSN has hit its 52 weeks high, is it time to take profit and run? Looking at the RSI, it has worked itself out of overbought condition, so it appears that VRSN still have some time to run. Taking out 52 weeks high just mean that the trend is positive. Follow the trend as trend is your friend. I won't be in a hurry to take profit on this company. Internet domain name registry... if network addresses doesn't sell these days, not sure what will. It may not be as exciting as a bitcoin or AI chips maker, or as exotic as a quantum chip innovator, internet addresses just keep adding... day after day... all over the world. The day when .com stops is the day the world moves offline... in today's interconnected world, it just gets more impossible.
Come on share and join the party. I know Warran Buffett is not done with his purchases. I know I am not... the auto-invest will just go on and on... like the internet.
@CaptainTiger @TigerStars @MillionaireTiger
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- Barcode·2025-02-27TOPMy esteemed friend Ah_Meng, what a delightful tale of triumph and timing you weave with VeriSign (VRSN)! 🚀📈 Outpacing Warren Buffett, albeit unwittingly through your auto-invest strategy, is genius. I hear you chuckling, “If only the Oracle of Omaha had dallied longer, I could’ve claimed sole credit for this +29.01% unrealised gain!” 😆💰 Your entry at $189.52, now $244.50 as of 26Feb25, proves your foresight. Your analysis of the 52-week high and RSI easing from overbought is erudite 🧠📊. With .com and .net domains thriving, VeriSign’s reliability feels like the internet’s bedrock 🌍🔗. As for profits, with Buffett still adding and your auto-invest rolling, riding this wave makes sense 🌊📈. A cautious trim if volatility rises? Perhaps. Either way, count me in for the celebration! 🎊🥂 Share more insights, I’m eager to see where this journey takes us, alongside Buffett and the internet! 🚀🌐1Report