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salesforce.com, inc. Message Board

  • znynick80 znynick80 Apr 2, 2013 6:17 PM Flag

    when is the next upgrade coming out?

    It's been a few days. Let's go guys put something out this stock has been lagging all week.

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    • This stock has been pushed up way too much and if shorts aren't scared into covering, CRM will continue to fall, whether market averages are up or down. That's the nub of it, shorts shouldn't be scared and shouldn't cover. CRM is extremely overpriced and if shorts don't cover, large long holders will lighten up on their holdings and CRM has a long way down. Once it turns down, more than a little, there could be an avalanche. Today the DJIA was up almost 100 points and CRM was down a bit on the day. When CRM splits, the statistics regarding insider sales will balloon. Besides showing losses in small quantities in each share that's 1/4 as big as current shares, with four times as many shares shorts will gain more and longs will be more likely to sell. As losses will appear lower per share, the number of shares sold will appear four times as large as it does now. Four million dollars of insider sales won't bring in bulls, so don't expect others except pumps to try (and fail) to push this stock up.

      To shorts, I repeat, don't let pumps like this try to get you to cover shorts when you can cover your shorts much lower.

 
CRM
59.77+0.44(+0.74%)12:50 PMEST

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