We should see that the shorting is much exhausted.
As I said, this stock alway bounces back. It will keep going to higher levels, for obvious reasons.
I was right, this stock is way overbought and the chart did show a top. Not sure how far it will fall. JMO
Shorts aren't right for more than a year. Every time, you see small pullback, you claim victory, only to get killed by a bigger shooting up later on.
This can bounce back very quickly, as always.
Absolutely it can...To me just looking at VMW as a retail investor it looks awfully expensive at this price...EMC bought a lot of shares on Friday all the way up to 54.63 roughly..In the end is EMC just going to end up buying VMW?
lol...I highly doubt it...
Like I stated it's just my opinion, but if you look at the chart it seems to be at an overbought situation.It's due for a correction.But stocks are hard to figure out.
VMW is trading terribly...Looks to me like mid to upper 40;s will be breached again...
I think you are going to see a sell off on this stock. It's way overbought and the charts look like a top. JMO