I dunno. I think we open at 100.50 or so and close +/- $.50. It wouldn't surprise me if it takes another day to shake out all the weak holders. Either way I don't care, if it goes up, great, if it goes down, I will just buy more.
My humble opinion is that it will open reach $105, and then close around $101.
For the long term, it will reach $140 after earnings. I'm new to trading. I'm just guessing from what I have seen since the IPO.
I am an applications manager for technology. We use VMWare all the time. There is no way that VMWare will tumble for any long period of time. Too many customers see its benefit.
I just used VMWare yesterday to get more storage space at a last minute notice for a server. I told the infrastructure guy, "I'll just need it for the night. You can have it back for your other servers afterwards. Isn't this great? No waiting for the hardware, installation of the hardware, and I can return it after I am done".
I am extremely bullish on this stock. VMWare certified professional consutlants make big bucks too.......... but I heard the number of folks certified is very few compared to the number of candidates that take the exams.
Run up of last two days was unhealthy but has set a near term ceiling. Tomorrow opening irrelevant. We will revisit the high jut before earnings announcement and then add 15% after the report.