There are 8 MILLION shares shorted. To cover, they have to BUY. Last month, the price jumped from $70 to $85 in just three days. imo, the new shorts are not as strong as the old ones and they will cover even faster.
EMC bought $30 million worth of shares in the past 4 days. Based on past actions, I think they will buy at least $100 million before they pause.
The full year revenue guidance has not changed despite the Pivotal revenue being taken out.
VMW will own 31% of Pivotal, and GE just dumped $105 million in it.
Major holders like UBS, Harbor, and Vanguard, increased their stakes during the past three months. UBS almost doubled it. I also looked at the SEC schedules, and Yahoo will soon show that Fidelity also increased their stake.
the float is shrinking, the revenue is increasing and the p/e will drop.
in 2h13 the revenue will re-accelerate and SDN next year will have an impact on the 2014 revenue.