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salesforce.com, inc. Message Board

  • everfoxy everfoxy Feb 21, 2013 7:18 PM Flag

    Incorrect article comments

    The article title is about buying CRM at a lower price than a director. Since shortly before the 200 share purchase, the director had acquired over 18,000 shares for $8 per share and then sold all those shares at the market price, any non-insider could not buy any CRM shares for less than that director paid for the many thousands of shares sold immediately. After reading an article and title like that, would it be a stretch if someone who is not an insider wondered if that director bought 200 shares later in order for such a headline to be possible? Who paid what for what is important and the article has sloppy inaccuracies at best.

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    • Look at the date of when this guy made about the only purchase by an inside director of shares in months. Guess who thought he was gonna make out from the split announcement which he knew was in the works at that time?

      Sentiment: Sell

    • Everfoxy, good for you - nice ( meaning intelligent) comments. The technicals are on your side, so is the direction of the overall market. This very long battle with patience and perseverance that many of us shorts have had will soon "start" to be rewarded. I state "start" in hopes that no long term short will ever fall into the trap of thinking crm has fallen "too far" and try and "get lucky" and buy it for a bounce. This garbage stock of a garbage company will go to single digits ( non-split adjusted, if the split actually comes). No doubt in my mind. Best wishes to you.

 
CRM
60.80+0.47(+0.78%)Dec 26 4:01 PMEST

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