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Salesforce.com, Inc Message Board

  • slegermark slegermark Nov 30, 2012 10:04 PM Flag

    It could still take a while

    These guys are clever and they are already working on the next media blitz to shoot the price to 170.
    they are not beyond announcing contracts with fake impact. Do you remember the iteration on that 160million dollar contract that boosted market cap by billions? It stopped the last slide this summer before it could hit 120 and reversed the momentum. They can't have much ammo left because look at the rate of stock sales.

    and then again, wall street darlins don't have to follow the rules.
    But look, even NetSol which once traded at 600 and now at 6.3 with .72 in earnings, eventually followed the rules.

    Those with second thoughts only need confirmation that they did not screw up when they bought crm. The main confirmation is revenue as king. Profit does not matter. This will be coming soon because if it dips too low it can't be resurrected.

 
CRM
58.8354-0.7446(-1.25%)12:26 PMEDT

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