Is CRM in the 150-162 range? Is that higher or lower than where CRM is now?
BTW, as I posted a long time ago, I went long CRM at 25. I think that was in 2009. IMHO CRM has been overpriced over 100 and the drop to 95 a year ago came before CRM tried to go beyond prior highs (I don't mean by just a dollar or so). CRM has made a double top above 160. Sometimes stocks stay up a little longer and then drop faster. That was the case in AAPL. At 700 everyone was sure it would go to 1000+ even though it was priced to perfection, as though everything would be the rosiest possible. That's how CRM is priced now.
It appears that you didn't notice drops below where the stock is now. CRM has been a trading stock. It could continue to be a trading stock before breaking down. Just because CRM didn't drop a few points on that day in September doesn't mean that it has had several dips (and rallies) since that date. It's interesting that you have failed to post on days when CRM has dropped a few points and only post on a day when CRM has bounced.
Keeps going up? What date are you comparing the price to?
2 years ago the stock was $160. Its now under $160.
The company is in much worse shape today then it was 2 years ago.
The stock will fall much much lower over the next 2 years. They are losing money at a much faster pace.
Sentiment: Strong Sell