vmw and ctxs are out of favor by investors. 87 seems to be next support for vmw, and 70 for ctxs, so this means both stocks will keep going south.I dont own any of this stocks, but tried to buy ctxs on weakness, and got burned. Recovered my money shorting ctxs, buy markets are bullish and I feel frustrated with ctxs. I do believe there is potential for profits in this stocks (long), but so far shorts are the winners. Should I keep my faith on this stocks ?
I do see that VMWW has been moving down, although the volumes have been low, not sure why though.. COnsidering EMC has a buy rating to 40+ I just think it is temporary, and can be frustrating.. if mkt keeps going -ve do see vmw going further down.. two weeks ago i would have said this should have been at 96+ by now..