---
title: "Meaning & Key Takeaway of: For instance, let us say that a new stock…"
description: "\"For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a pric..."
image: "https://sms4smile.com/quotes/i/1cb/jesse-lauriston-livermore-8857_brand-new_for-instance-let-us-say-that-a-new-stock_1215652.jpg"
---

#  For instance, let us say that a new stock has been listed…

![“For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a price was made two or three years ago. If something favorable happens in connection with the company, and the stock starts upward, usually it is safe…” quote by Jesse Lauriston Livermore](https://sms4smile.com/quotes/i/1cb/jesse-lauriston-livermore-8857_brand-new_for-instance-let-us-say-that-a-new-stock_1215652.jpg)   [Download](https://sms4smile.com/quotes/i/1cb/jesse-lauriston-livermore-8857_brand-new_for-instance-let-us-say-that-a-new-stock_1215652.jpg) [Open image](https://sms4smile.com/quotes/i/1cb/jesse-lauriston-livermore-8857_brand-new_for-instance-let-us-say-that-a-new-stock_1215652.jpg)

> “For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a price was made two or three years ago. If something favorable happens in connection with the company, and the stock starts upward, usually it is safe play to buy the minute it touches a brand new high.”

[Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Buying a stock at a new high can be tempting, but it often ignores underlying fundamentals and risk.

**In simple terms:** Buying at new highs is risky.

Key Takeaway

Consider fundamentals before buying.

Themes

investment risk timing

Mood

cautious strategic

Type

educational advisory

When to use this quote

- stock trading
- portfolio building
- risk assessment
- financial planning

Key Concepts

market psychology trend following

Questions to Reflect On

- What fundamentals matter most?
- Do you have a stop‑loss plan?

A Different Perspective

New highs can be false signals.

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