CRM Why Stock Price Will Drop More
Who ever is pumping this stock and thinking it will see $150 is wearing rose covered glasses. Look at the numbers: CRM Q Rev Growth 29% Qtrly Rev Growth -46.5, now look at a competitor ORCL QRG 46.5% QEG 28.3, and you can see this over and over if you look at other growth companies AAPL, NFLX, PCLN.
The lack of revenue growth is a killer, and wasting money buying a new HQ is just stupid.
This stock should be about $16, and overtime it will get there maybe not overnight, but this is the start.