gotta love mr market
Sentiment: Strong Sell
so...the market finished red and WDAY green. Still short?
short? not after the FB run up. You see, FB insiders are regretting their Nov dump and WDAY insiders are scratching their head as we speak.
Nope. I don't think WDAY insiders will dump, not after the impressive FB run up. I'm calling their bluff. I'm a buyer at $49. The play is to accumulate and front run Oracle or CRM takeover.
Few noticed it, but JPM raised its WDAY price target from $54 to $56 on Nov 29th.