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VMware, Inc. Message Board

  • virtualgh0st virtualgh0st Feb 1, 2013 6:45 AM Flag

    last time the stock fell under $80, EMC bought over $60 million worth of shares


    that was in August 2011. looks like EMC is going to support this stock no matter what. I think we will be trading above $80 this month

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    • hey virtual, if you go and look at the past years and what the stock has done, it has followed in this pattern at least 3 years in a row, ending January under $80, but rebounding in February, lower in March higher in April for earnings. This is a time to buy and surely EMC knows this that is why they have started buying again under $80 this week. Can it go a bit lower, yes but a turnaround is near, perhaps as low as $75, but this will start making a run.

60.35+2.24(+3.85%)Nov 24 4:04 PMEST