All those guys on TV are clowns.....I've yet to see anyone pick stocks correctly on a consistent basis.
This is no better than putting money on black or red on the roulette table.....if you place enough bets you'll win about 50% of the time. That's what these idiots do...."oh I think this stock is great...oh I think this stock is #$%$ dont buy it". Please DON"T ever buy or sell any stock based on what you hear on TV. Buying and selling stocks is no more than gambleing....you can pick a great company and then some idiot decides to downgrade etc etc.
Not sure how I feel about VMW quite yet....need to do some research to determine if today was an overraction or the start of a bigger slide!!!
Joe tessitore did yell not to touch emc and vmw on the 12 noon fast money show. About halfway into the show. I have no position yet. Will take one at the open. Buying 100 march options. Either $ 80 puts or $80 calls.just made $ 140 k on nflx earnings calls. Just giving out real information. Anyone who calls me a liar is a fool and money departs a fool very fast!