The original post said ...
"There is no reason VMW wont go to 50 before it goes to 100 (and that could be years away),"
and you replied
"To say that VMW must go to 50 before 100 is an uniformed statement"
First off learn to read, the original post said nothing about MUST, only kool aid drinking cultists think things like "it MUST go to X price in X time", secondly the original poster is correct there is no reason VMW won't see 50 before it sees 100.... The current valuation leaves no margin for error.
I think NYSE stocks in general dont have this issue as much. Stocks like BIDU are a good example of MM getting in trouble trying to keep a market, too many buyers, covering shorts, etc, but VMW I expect wont have many +10% days since NYSE stocks tend to be a bit more stable day to day. (Still get to the same place just takes longer)
It is surprising VMW didnt go Nasdaq actually, I bet if they had we would have already seen 100 but even more daily moves (up and down).
That is a great point made about home builders.
Today was a wash for longs and shorts. I am long VMW personally but generally it is a bit frustrating when I am long (any stock) and dont get a bit of the 'rising tide lifts all boats' impact. On the other hand if the market was down 300+ and VMW was flat on the day I would be happy.
I think that short has a point in that it is a minor 'win' for a short on a huge up market day and their shorted stock(s) dont also rally. However this is likely just due to VMW having run so much already, not that there is underlying weakness of any kind.
It is your comment that is stupid if you believe all stocks should move in lock step with each other. Not much point in buying individual stocks if that's the case.
This stock has come a long way in a short time and needs some time to consolidate before moving higher (in my opinion of course).
Look at the home builders today and tell me how confident you are in them - they were all up on an up day - therefore by your logic, they must be good stocks. You can't play it one way and not the other. What about the days when the market is down and VMW goes up? What does that say? You are just grasping at straws.
Thousands of firms make more profit per Q vs VMWare. 'Enormous' amount? I am afraid you must have been looking at Microsoft's P&L perhaps?
VMW DOES have an 'enormous' market cap, but that simply means it is an expensive stock.
Amazon and Yahoo are terrible examples. DId they make money (did they show PROFIT) out of the shoot? NO. People were buying based on prayer. This is quite different. VMW makes an enormous amount of money. That's not complicated, is it?
Wrong. To say that VMW must go to 50 before 100 is an uniformed statement. It's your opinion, fine, and you should then be shorting like crazy.
But you have no knowledge of what VMW has in store in the next few months, and you clearly don't know how fast people are adopting their technology. It is happening at warp speed. Stand by and watch.
It is an informed comment. You are stupid for not seeing it that way and assuming the comment itself is stupid.
The five year point simply means VMW MIGHT get back to these levels again one day IF they deliver on all the hot air. Look at a stock like Yahoo or Amazon, people early on those stock WERE RIGHT but WRONG for a few years and got hammered and margin called out of GOOD long term stocks.
There is no reason VMW wont go to 50 before it goes to 100 (and that could be years away), longs on this board are pigs and want all their return in weeks when in fact they need to hold this thing for years now to get a good return.
You will see.