you shittin me?!

wow - what a ride dude. you wont get a run like that again.

its quite easy.....in the case of high debt stock during the recent crisis. the fear was, that they wouldn't be able to "roll over" their debt...that's basically what happened to GM. everybody was afraid to lend to risky credits. so, the stock "priced in" a bankruptcy.....which, subsequently they avoided....

so, you have a situation where, in the span of a few months the stock priced in bankruptcy, to now, a "growth" company.

debt is merely a tool. if you take on a lot of debt to fund a capital investment that can throw off free cash flow above and beyond the servicing required by the debt.....you can take on as much debt as the cash flow allows...

seriously, sell 100 shares tomorrow. youre up what? 3100?....how much further can you expect this to go? or, buy some put options 6 months out to protect that gain.......please!