Citigroup Is Bearish
Analysts at Citigroup (C) initiated their rating on Cisco with a "Sell" rating, accompanied by an $18 price target. The price target implies some 15% downside potential from Monday's closing levels.
Analyst Ehud Gelblum believes that Cisco's market share in the core routing business is at risk due to competition from Alcatel's new line up and "confusion" of new products being introduced by the company itself.
On top of that, Gelblum sees Cisco losing share in data center switching on the back of proprietary solutions from Insieme as the market is moving towards open systems. Combined, Cisco is expected to miss the 5-7% long-term growth trajectory.
Should we do the opposite?
That is OK, Bob. I started small 2 years ago. Gain the experience and you will play bigger later. Play safe and be calculated. If you can do 1% a day on AVG, compound it up for 2 years. You will see the number will be huge.
It's been brutal last two days (including today so far)... I have made $ on quick SLV trade (maybe should consider an entry again), and sold my GRPN profits before they take it away... CRK is up but,
anr, wlt, gnk, clf, fslr, expr, sco, dgaz , tdc, unxl, csco all down!
I never and ever see the santa coming if GOLD continue decline like this. I'm still holding with a big loss. I should have sold NUGT and buy back.
Well, go big or go home.
yest was my biggest red day in recent memory, quickly they are taking back my aamrq profits. tax selling, need a santa rally or i could finish this year flat. no more cash to add, i am all in. want to dump all positions but don't want to miss santa. is he coming? put your red robe on duy.
wlt, gnk, xco, aal, tsl, exk, fnma, oclr.
You're not alone Bob. I bought 9.85 the other day and sold $10.30 on the same day. But then I bought back 9.45. Now I'm stuck at 9.45 x 1000/shares. That's ok. Just leave it there. Trade it as you go. You will make up those losses.
As you know I have started my DGAZ after I sold my UNG calls last week... My current avg is 9.80, I thought I was the last man standing but seems like even I was too early with them, to protect my DGAZ I have bought a small lot of UNG calls today just enough to break even with potential DGAZ loss going forward, since it is only december and there is no warm weather in the horizon, on the rebound I'll dump my UNGs and double my position on DGAZ... thats the plan, will see how it works out