is amusing to watch. The boys keep on grabbing profits from the likes of VMW, Goog , Rimm , AAPL and others to reposition allocations and then buy back lower . Will longs get bluffed out of the game or will they call to win the pot in 2008 ? Interesting watching this game , VMW Hold-em.
Mark my words, VMW is the next Google. I am a technical person who uses VMWare products since 2003. The virtualization market is the name of the game. 10 servers cost 50K while 1 Server + VMware cost 10K and able to run 10-12 servers cheaper and more effectively. It's simple math. Soon everyone will understand and stop buying metals.
As far as the day trading, the traders know it is a great & safe stock so they keep shorting it when ever they can.
Still it is a great investment for the short as well as the long run. I can promise you.
Microsoft is far behind, the only way to catch-up is to buy VMW. By the time MS will have the same product VMW will be embbeded in servers core.
Cisco, Intel & EMC, knows there business, so does CITRIX who bought XEN.
VMW is the future.
I want to know what idiots bought this over $120. It was overpriced at the IPO and it is just a matter of time before it is back there. P/S at 30, yeah right, P/E at 74, yeah right. P/B at 28, yeah right. Microsoft starts giving away the product as usual but people will pay more forever, yeah right.
forget all this nonsense. who has been the top software sector analyst the past 5 years? heather bellini of UBS. who's had more 5 stars for earnings estimate accuracy over the past 5 years? heather bellini of UBS. bottom line, she knows her stuff and her estimates have been dead-accurate.
so when she says to buy, buy, and buy VMW if it goes lower than $97, then i listen and load up. been loading up at 92's yesterday and 86's today. i'm willing to bet that the UBS analyst will be dead-accurate with her 4Q estimate for VMW. good luck all!
great analogy. i love it. i'm looking to get in but not sure where. i don't want to average down. i think next resistence is at $71. if i'm reading the chart right. i hope i'm reading it wrong... ha ha.
You are 100 per cent correct. The manipulation is rampant you have no choice but to day trade these type of stocks.
I remember a 7 (8/12/00) years back they had the owner of the Dallas Mavericks Mark Cuban on CNBC. They asked him what stocks he was buying or selling. He replied I got out of the market years ago as it is a total PONZI scheme. From that day on I realized the market is manipulated.
I have made almost $86,000 in the last 7 years day trading. I orignially started of with $10,000, my grandma left me. I lost half being long in SUNW (now JAVA) thinking that it would come back one day. (Never has, it just did a reverse split)
I cannot believe Mark Cuban changed my way of thinking.I think if I was in the bathroom that fateful day and missed that segment on CNBC I would have about $3000.00