When CMG missed, they tanked 10% in AH. But the next morning they opened 20% down.
When CSCO beat, they rose 5% in AH, but the next morning opened 10% higher.
Seems like the morning after extends the AH move, so CRM should open down around 130 or lower.
I hope so...
I'm in September $120 puts...
Sentiment: Strong Sell
i say we open just under $130 fidelty has a lot of shares to unload on bad outlook